30% of Bitcoin Supply Unmoved for Over 5 Years

In a groundbreaking revelation about Bitcoin, over 30% of its supply has remained unmoved for more than five years, emphasizing the unwavering commitment of long-term holders. This data, derived from Unspent Transaction Outputs (UTXOs) of first-generation blockchains like Bitcoin, offers valuable insights into user behavior and fund management.

Many first-generation blockchains, including Bitcoin, utilize UTXOs to track users' funds. By studying UTXOs, we can gauge the duration that holders maintain their funds before spending them. This accounting approach has revealed that a substantial portion of Bitcoin has remained unmoved for extended periods.

While some unmoved Bitcoin may represent lost funds, a significant fraction likely belongs to dedicated long-term holders. Despite market volatility, this enduring commitment to holding Bitcoin reflects the deep conviction in its future potential among its core supporters.

In the backdrop of a general market downturn, many meme coins have showcased resilience, retaining a significant proportion of profitable holders. A recent analysis highlights the percentage of profitable holders across various meme coins, demonstrating a remarkable durability within this segment of the cryptocurrency market.

$MOG and Pepe ($PEPE) have emerged as leaders in the meme coin space, boasting the highest percentage of profitable holders. Despite market challenges, these meme coins have maintained strong profitability rates for investors.

Beloved classics like Dogecoin ($DOGE) and Shiba Inu ($SHIB) have also shown considerable resilience. Both $DOGE and $SHIB have a sizable number of holders who remain profitable, attesting to the enduring popularity and investor confidence in these established meme coins.

The stability exhibited by long-term Bitcoin holders and the resilience of meme coin investors in maintaining profitability underscore the multifaceted and dynamic nature of the cryptocurrency market. Despite fluctuations and downturns, there remains a robust foundation of devoted believers and profitable participants within the crypto ecosystem.