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9 thoughts on “Kinda Mind-Blowing: 97% of all Bitcoin Has Not Moved in the Last 7 Days – Bitcoin is a Powder Keg Waiting For a Match”
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Crazy how little BTC actually circulates at any given time. Imagine when that figure gets to 99% immobility.
Via Twitter.
sounds normal to me. what percent of your entire savings do you spend in a week?
Yeah tightening up by banks has restricted some growth, but the expectation of price rises and more adoption is making people hold.
I even brought some for my kids that I’ve put away and want to hold through the cycles.
Institution and big investors are definetly getting more and more involved in things
I moved some from an exchange to a wallet.
Everyone is waiting for a fair price before they spend their precious btc.
You are correct , and a cool data point … and kudos for both getting paradox and metaphor to use the simple and obvious to see the not so simple and obvious , as that’s what critical thinking and intelligence actually is . Bravo .
How can btc be up 7% in last 7 days if only 3% has moved in 7 days?
People are practicing self custody now more than ever as well
Sorry guys, I moved some coins to fresh wallets last weekend so I’m fucking up the percentage.