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

More Info:

Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investing involves risk and possible losses. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. Contact management and IR of each company directly regarding specific questions.

More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp Learn more about publishing your news release and our other news services on the Investorideas.com newswire https://www.investorideas.com/News-Upload/ and tickertagstocknews.com

Global investors must adhere to regulations of each country. Please read Investorideas.com privacy policy: https://www.investorideas.com/About/Private_Policy.asp

Buy a crypto guest post on Investorideas.com