Bitcoin's Dormant Supply Peaks, Reflecting Optimism
Bitfinex's recent report reveals that 40% of Bitcoin's supply has remained untouched for over three years, marking an all-time high.
This dormant behavior, gauged using the Coin Days Destroyed metric, suggests a positive sentiment and resilience against market fluctuations.
However, the one-year inactive supply metric hints at a bearish sentiment, especially after the August 17 flash crash.
However, the one-year inactive supply metric hints at a bearish sentiment, especially after the August 17 flash crash.
