The Pomp Letter
The Pomp Letter
Bitcoin Illiquid Supply Hits An All-Time High
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Bitcoin Illiquid Supply Hits An All-Time High

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To investors,

More than 70% of all bitcoin in circulation has not moved in over 1 year. This is the first time in bitcoin’s history we have breached 70% in that metric. Think about how significant this milestone is — almost 3 out of every 4 bitcoin in circulation have not moved despite bitcoin’s rise from $15,700 to approximately $37,000 in the trailing …

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