Percentage of Bitcoin Supply Held by Retail Traders Reaches 17%, up From 12% In 2020
January 6, 2023 (Investorideas.com Newswire) According to BanklessTimes.com, the percentage of Bitcoin supply held by retail traders surged to 17 percent in 2022 - up from 12% in 2020.
BanklessTimes CEO, Jonathan Merry, commented on the data saying, "We are seeing a new wave of retail traders that have jumped into the Bitcoin universe, and it appears that they are healthy buyers. These traders may continue to accumulate Bitcoin over the coming months, further driving up demand for the cryptocurrency."
Glassnode data also supports these figures, which shows that entities with less than 10 BTC have grown 13.9% of the supply. The full story and statistics can be found here: Percentage of Bitcoin Supply Held by Retail Traders Reaches 17%, up From 12% In 2020
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