Only 3.5 Million Bitcoin Is Traded Worldwide

[TomPluz]

Only 3.5 Million Bitcoin Is Traded Worldwide; Majority of BTC Held Long-Term as Digital Gold

Only 3.5 million bitcoin or 19% of total circulating supply is actively traded throughout the world, while the rest is being held long-term by investors, according to a new report by crypto analytics company Chainalysis.

Per the report, nearly 18.6 million bitcoin (BTC) has been mined as of June 2020. Of this, around 60% BTC is held by entities – either people or businesses – that have never sold more than 25% of the bitcoin they’ve ever received. Chainalysis labeled this BTC supply as “held for long-term investment.”

Taken from here.

I think this has been the case for many years and I am expecting almost the same situation years down the road. Come to think of it how just a small portion of the overall supply can be the determining force of the general price of the asset.

[Michael.sol]

I think if holder also out there Bitcoin into Market for trading then surely Bitcoin price touch a good value again . But I think that's never happen because mostly think that bitcoin holding is profitable.