Bitcoin: Exploring the curious case of dormant BTC as ancient supply worth billions awaits

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Bitcoin: Exploring the curious case of dormant BTC as ancient supply worth billions awaits
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Despite Bitcoin's volatility, Glassnode's data revealed that a significant portion of the cryptocurrency remains dormant, with 91.7% of the ancient supply currently untouched.

data from 27 April uncovered a fascinating fact about Bitcoin’s circulation – some portions of the cryptocurrency remained untouched for a staggering seven years or more.

Even more intriguing was that only 8.3% of the ancient coins were spent since their inception, leaving a whopping 91.7% dormant or lost., the value of these dormant or lost coins amounts to a whopping $113.1 billion.

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