Ark Invest: Bitcoin's one-year unused supply reaches an all-time high, boosting investor confidence

ChainCatcher news, according to the latest report from asset management company Ark Invest, nearly 70% of the circulating supply of Bitcoin has not been moved for at least a year, indicating that the base of holders is strengthening and the confidence of long-term Bitcoin investors is also increasing.

The Ark report noted that the balance of Bitcoin held OTC reached a one-year high in June, with OTC Bitcoin balances increasing by 60% by the end of the quarter. This rise indicates that institutional and large capital allocators are becoming more interested in Bitcoin as an investment option. (source link)