More than 30% of Bitcoin Supply has not Moved in the Last 5 Years

Bittime - According to data from Into the Block, more than 30% of Bitcoin's supply has not moved in the past five years. This shows that despite market volatility, there are still loyal Bitcoin holders who believe in the long-term value of this digital asset.

Unspent Transaction Output (UTXO)

Many first-generation blockchains, such as Bitcoin, use an Unspent Transaction Output (UTXO) model to record user funds. Based on UTXO data, we can see how long holders hold on to their funds before using them. This model allows us to analyze Bitcoin ownership and movement patterns in detail.

Over 30% of Bitcoin Supply Is Still 

Source: Twitter.com/intotheblack 

The graph from Into the Block above shows that the percentage of Bitcoin supply held for more than 5 years continues to increase. This is clear evidence of the strong trust of the Bitcoin community. Even with sharp price drops and regulatory uncertainty, long-term Bitcoin holders have retained their assets.

Reasons to Hold Bitcoin in the Long Term

There are several reasons why people choose to hold Bitcoin long-term, such as the following.

1. Trust in Blockchain Technology: Many people believe that the blockchain technology underlying Bitcoin has great potential to change various industries.
2. Protection Against Inflation: Bitcoin is often considered "digital gold" that can protect the value of assets from inflation.
3. Market Experience: Long-term holders may have experience in dealing with market volatility and prefer not to sell their assets in times of price declines.

Bitcoin: Long Term Investment

In the face of market fluctuations, having a long-term view is the key to achieving investment success. Data from Into the Block shows that long-term Bitcoin holders have strong confidence in the future of this digital asset. By maintaining their holdings for over 5 years, they show that Bitcoin is a worthwhile investment and worth holding on to.

Thus, even though the crypto market is known for its volatility, there is a group of Bitcoin holders who remain confident in the long-term potential of this asset. Their trust is a strong foundation for Bitcoin's future and shows that despite the challenges, Bitcoin is already considered a long-term investment.

How to Buy Crypto with Bittime

You can buy and sell crypto assets in an easy and safe way via Bittime. Bittime is one of the best crypto applications in Indonesia which is officially registered with Bappebti. 

To be able to buy crypto assets on Bittime, make sure you have registered and completed identity verification. Apart from that, also make sure that you have sufficient balance by depositing some funds into your wallet. For your information, the minimum purchase of assets on Bittime is IDR 10,000. After that, you can purchase crypto assets in the application. 

Monitor graphic movement Bitcoin (BTC), Ethereum (ETH), Solana (SOL) price and other cryptos to find out today's crypto market trends in real-time on Bittime.