Bitcoin Dormant Supply Metric Mirrors 2016 Run-Up to $20K BTC Price By Cointelegraph

Bitcoin Dormant Supply Metric Mirrors 2016 Run-Up to $20K BTC

Bitcoin Dormant Supply Metric Mirrors 2016 Run-Up to $20K BTC Price

(BTC) hodlers are preparing for a bull run just like the one that led to $20,000 all-time highs in 2017, one metric suggests.

According to on-chain monitoring resource Glassnode on June 28, the proportion of the Bitcoin supply that has not left its wallet in a year or longer reflects 2016.

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