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 2020About 18.4 million MTC were mined in the year, but only 3.5 million are involved in active turnover. Moreover, almost 62% of all coins belong to owners who have never sold more than 25% of the total cryptocurrency reserve. For the most part, these are companies specializing in asset management and storage.
The remaining 20% of bitcoinshave not moved in the last five years or longer, so analysts classify them as lost. This group also includes 1.1 million coins mined by Satoshi Nakamoto.
Analysis of the trading segment showed that on averageDuring the week, 340 thousand retail traders are present on the market, accounting 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 institutionsThey are increasingly paying attention to the digital asset market, and in June 2020, the Swiss Financial Market Supervisory Authority even allowed one of the local banks to work with cryptocurrency.
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