50% of Bitcoin Supply Hasn’t Moved in a Year, 20% May Be Lost Forever

Bitcoin (BTC) earned its digital gold comparison due to a number of factors, but none more-so than its pre-programmed scarcity. There can only ever be a fixed supply of 21,000,000 BTC, as was designed by Satoshi Nakamoto in order to give Bitcoin its deflationary aspect.That fixed supply also provides invaluable data to analysts who monitor the movement of BTC in order to attempt to determine potential market trends. Movement data also provides insight into how strong of hands Bitcoin and crypto HODLers have, and could potentially hint at how much BTC is lost forever.HODLing Strong: Over Half of Bitcoin’s Supply Hasn’t Move in a YearResearch firm Delphi Digital is using data from Bitcoin’s Unspent Transaction Output (UXTO) to attempt to determine the pivot point when sellers begin to fade, and accumulation begins, which might indicate if and when Bitcoin’s bottom is in.Each time a portion of BTC is spent, a…

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