Navigation
- Crypto Corner ep102 – Today’s Markets, News and Giveaways
- Investors take profit
- Hodlers don’t give up
- Disclaimer
- Similar articles
- Similar articles
Crypto Corner ep102 – Today’s Markets, News and Giveaways

More than 200 thousand bitcoins came out of hibernation in November
CONTENT
-
In November, almost $ 4 billion worth of bitcoins was withdrawn from long-term storage to the network.
-
Almost 200,000 BTC, “sleeping” from 2013 – 2015, became active again.
-
However, the share of bitcoin hodlers is still increasing.
International consortium of news organizations developing transparency standards.
In November, over 200,000 bitcoins worth about $ 4 billion were withdrawn from long-term storage to the network. These coins were inactive for 5-7 years.

Bitcoin’s aggressive rally (BTC) to new all-time highs has brought many coins from hibernation that have been in long-term storage for the past five to seven years. Now they’re on the move again.
According to the latest statistics from the financial services provider Unchained Capital, the total share of bitcoins that were inactive and were blocked for five to seven years decreased in November (for the period from November 1 to 30) from 5.48% to 4.67%..
Do you want to always be aware of the latest cryptocurrency market news? Join the discussion in our Telegram channel – and you will find out everything!
Nearly 1% of the total supply of #bitcoin moved out of long-term storage (>1 year in the same address) during the price run-up from $ 13,700- $ 19,670 in November.
61.43% of the supply of bitcoin has not moved in >1 year. #HODLwaves, h / t @glassnode https://t.co/by2nmlXQIJ pic.twitter.com/WPrserjaSN
– Unchained Capital (@unchainedcap) December 3, 2020
Investors take profit
Investors who deposited their bitcoins in 2013 did so when the BTC rate was between $ 134 and $ 1,151. In 2014 and 2015, the average bitcoin rate fluctuated between $ 500 and $ 750..

Meanwhile, on November 30, 2020, bitcoin closed the month at $ 18.702. Accordingly, the profit of long-term investors could have been from 1524% to a staggering 13 856% by that time..
Historical schedule of military technical cooperation. Source: TradingView
According to the statistics of Unchained Capital on bitcoin hodlers, in November, 1.19% of the total supply of BTC came out of hibernation, left storages and became active in the network.
If we proceed from the fact that at the time of writing the total supply was about 18,561,000 BTC, this means that we are talking about more than 220,000 BTC. At current prices, their value is estimated at about $ 4.2 billion..
Age distribution of bitcoin (UTXO). Source: HODL Waves
Hodlers don’t give up
However, judging by the data, long-term investors do not adhere to any one strategy, and the overall picture looks rather motley. Most of them are not only hoarding coins, but also increasing the size of their reserves..
Indeed, the proportion of coins stored for five to seven years has declined. However, for bitcoins with a period of inactive storage for more than 10 years, the same indicator increased by 0.19% from 9.73% to 9.92%.

The increase is observed in other categories as well. So, for bitcoins that have been sleeping for seven to ten years, this share increased slightly from 7.08% to 7.28%, and for those that were kept motionless for three to five years, it jumped by 0.69% from 10. 06% to 10.85%.
In general, over 61% of the total supply of bitcoins has not been in motion for over a year. This may indirectly confirm the opinion of a number of crypto enthusiasts that bitcoin is no longer perceived by investors as a speculative asset and is turning into a store of value and a hedging tool against inflation..
In mid-November, we already talked about the GlassNode data, according to which the rate of new addresses created on the bitcoin network soared to the maximum value since January 2018..
Disclaimer
All information contained on our website is published in good faith and objectivity, and for informational purposes only. The reader is solely responsible for any actions he takes based on the information received on our website..
Share Article
Similar articles
-
More than 1,000 new bitcoin-ATMs appeared in the world in November
More than 1,000 new bitcoin-ATMs appeared in the world in November CONTENTS According to Coin ATM Radar, 1,118 new bitcoin-ATMs were installed in the world in November….
-
“How do you explain that you have no bitcoins?” – the head of Kraken
“How do you explain that you have no bitcoins?” – Kraken CEO CONTENTS Kraken CEO spoke with Bloomberg Surveillance about Bitcoin and Ethereum He believes,…
-
50% of all bitcoins have not moved in a year
50% of all bitcoins have not been in motion for a year. CONTENTS The number of bitcoins that have not been in motion for a year has exceeded 50% for the first time. This…
-
XRP Jumps To Nearly $ 1 On Coinbase Cryptocurrency Exchange
XRP jumped to almost $ 1 on the Coinbase cryptocurrency exchange CONTENTS XRP rate soared to $ 0.92 this morning. However, soon the price rolled back to…
-
The volume of bitcoins on the Ethereum blockchain is approaching $ 1 billion
The volume of bitcoins in the Ethereum blockchain is approaching $ 1 billion CONTENT Almost 80,000 bitcoins have accumulated in the Ethereum blockchain Wrapped Bitcoin and renBTC…
Similar articles
-
More than 1,000 new bitcoin-ATMs appeared in the world in November
More than 1,000 new bitcoin-ATMs appeared in the world in November CONTENTS According to Coin ATM Radar, 1,118 new bitcoin-ATMs were installed in the world in November….
-
“How do you explain that you have no bitcoins?” – the head of Kraken
“How do you explain that you have no bitcoins?” – Kraken CEO CONTENTS Kraken CEO spoke with Bloomberg Surveillance about Bitcoin and Ethereum He believes,…
-
50% of all bitcoins have not moved in a year
50% of all bitcoins have not been in motion for a year. CONTENTS The number of bitcoins that have not been in motion for a year has exceeded 50% for the first time. This…
-
Satoshi deliberately mined less bitcoins than he could – opinion
Satoshi deliberately mined less bitcoins than he could – opinion CONTENTS The creator of bitcoin seems to want to leave a mark about himself in the archives of the blockchain. One of…
-
The volume of bitcoins on the Ethereum blockchain is approaching $ 1 billion
The volume of bitcoins in the Ethereum blockchain is approaching $ 1 billion CONTENT Almost 80,000 bitcoins have accumulated in the Ethereum blockchain Wrapped Bitcoin and renBTC…