April 20, 2025
Trending News

Bitcoin breaks all-time record

  • August 24, 2022
  • 0

In 2022, the number of so-called “stagnant” Bitcoin addresses reached an all-time high, and that number is growing rapidly. This was reported by Ukrinform with reference to Finbold.

Bitcoin breaks all-time record

Bitcoin breaks all-time record

In 2022, the number of so-called “stagnant” Bitcoin addresses reached an all-time high, and that number is growing rapidly.

This was reported by Ukrinform with reference to Finbold.

It is known that some Bitcoin addresses have not been processed for years for various reasons. We’re talking about a substantial amount of money.

According to Bitinfocharts, as of August 24, the total number of digital currencies stored in addresses that have been inactive for more than 5 years reached a record 17.87 million bitcoins. This is over 90% of all coins in circulation today (19.12 million digital coins).

The top-ranked inactive address has 79,957 bitcoins worth about $1.6 billion, based on the cryptocurrency’s $21,200 market cap. In total, the five main inactive addresses contain 185,096 bitcoins worth $3.9 billion.

Currently cost bitcoin It hovers at $21,483 per coin. The market cap of the cryptocurrency is $410.95 billion. The digital currency peaked at around $69,000 per piece, but has lost more than 53% since the start of the year.

Source: Ukrinform

Leave a Reply

Your email address will not be published. Required fields are marked *