Quote Of The Day “Approximately 85% of bitcoin in circulation has not moved in the last 90 days.” @APompliano #allthecoolkidshavelasereyes
Quote Of The Day “Approximately 85% of bitcoin in circulation has not moved in the last 90 days.” @APompliano #allthecoolkidshavelasereyes
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2 comments
Most trading is done with custodians. And most of BTC new investors are using Grayscale, the Canadian ETFs, Robinhood, Paypal that offer no real BTC. More and more are just buying through other exchanges and don't bother moving to wallets. This is not a healthy stat for adoption, but explains it is just speculation.
given up on adoption per se, too far in the future But don't mind price appreciation tho