11.4 Million Bitcoin Holded  As Long Term Investment

11.4 Million Bitcoin Holded As Long Term Investment

By vivek009 | tusk | 22 Jun 2020


Hello Guys how are you all I hope you all are fine and happy and learning new things everyday and Today I comed up with new latest news of the crypto market.

First of all I came to know abou this news when chainlink posted one article on their blog describing about the breakdown of Bitcoin that was in long term investment and which is currently in trading and the Bitcoins which has to be mined in future and the Bitcoin which had been lost and among the Bitcoin which had been lost 1.1 M Bitcoin was of Satoshi Nakamoto alone which he had mined.

Bitcoin breakdown

In the above image you can clearly see the breakdowns of Bitcoin in different different parts in which 11.4 M Bitcoin was for only long term investment and 3.7 M Bitcoin which had been lost and 3.4 Million Bitcoin which is currently trading and 2.4 M Bitcoin which has to be mined in future.

 

btc holded by exchanges

According to the Chainlink article 60% of the total Bitcoin supply was holded by licensed Crypto Exchanges(Custodians). In which Coinbase hold almost 1 Million Bitcoin alone. In the above image which was taken from chainlink blog article you can clearly see that how rapidly Bitcoin holding is increasing over the year in Exchanges (Custodians).

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vivek009
vivek009

Hello friends my name is vivek and I am crypto lover.


tusk
tusk

In this blog you will get crypto related post. so, dont forget to follow our blog

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