60% of all bitcoins are held as long-term investments.
According to Chainalysis, more than half of all bitcoins mined are held in the form of long-term investments, and only 19% of coins are used for regular trading.
According to the study, as of June 2020, about 18.4 million MTC were mined, but only 3.5 million were involved in active turnover. Moreover, almost 62% of all coins belong to owners who never sold more than 25% of their total stock. cryptocurrencies. For the most part, these are companies specializing in asset management and storage.
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The remaining 20% of bitcoins have not moved over the past five years or longer, so analysts classify them as lost. This group includes 1.1 million coins mined by Satoshi Nakamoto.
Analysis of the trading segment showed that, on average, there are 340 thousand retail traders in the market per week, which account for 96% of all network transactions. However, everything is managed by professional participants who control liquidity, owning 85% of digital assets listed on exchanges.
Recently, large financial institutions are increasingly paying attention to the digital asset market, and in June 2020, the Swiss Financial Market Supervision Authority even allowed one of the local banks to work with cryptocurrency.