Cryptocurrencies
Jump in Active Bitcoin Accounts Nears High Set Before 2018 Crash
- Less than 18% of all Bitcoin supply is dormant, Flipside says
- Binance CEO says true believers adding to Bitcoin holdings
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The number of active Bitcoin accounts is approaching the all-time peak reached just before the notorious volatile cryptocurrency crashed three years ago.
Bitcoin has long had numerous dormant accounts attributed to a fierce buy-and-hold contingent, who claim the “hodl” moniker as a mantra meant to reassure nervous investors during wild price springs. With Bitcoin surging again to all-time highs, many of these anonymous accounts look to be waking up.