Over 46% of Bitcoin’s circulating supply hasn’t moved in 3+ years

Quick Take The Glassnode supply last active (SLA) chart overlays multiple cohorts, each representing a percentage of the circulating supply based on the duration since the coins were last active. These cohorts include 1+ years, 2+ years, 3+ years, and 5+ years. As coins are accumulated by long-term holders (LTHs), these metrics tend to rise, …

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