One-Third of Bitcoin Cash's Supply Has Never Been Touched

One-Third of Bitcoin Cash's Supply Has Never Been Touched

6 million BCH have not moved since the August 2017 hard fork, implying that 33% of Bitcoin Cash's flowing stockpile stays immaculate.

33% of the coursing supply of Bitcoin Cash (BCH) has never been contacted. 

Coinmetrics additionally appraises that 2.3 million Bitcoins (BTC) have not moved in more than five years — containing 12.5% of the almost 18.4 million BTC available for use. 

32.6% of coursing BCH supply has never moved 

On April 6, Coinmetrics distributed information showing that 6 million BCH has not moved since the blockchain forked off from Bitcoin on Aug.1, 2017. 

With almost 18.4 million BCH available for use, 32.6% of existing coins are either lost or being held as long as possible. 

2.3 million Bitcoins stay stale for more than five years 

Coinmetrics likewise appraises that 12.5% of the coursing supply of BTC has not moved in more than five years. 

The information fluctuates altogether from the examination delivered by Unchained Capital's 'Hodl Waves' — which evaluates that about 4 million BTC or 21.65% of coursing supply has stayed stale for a long time or more. 

Walk crash drives record every day on-chain action 

Hodl Waves demonstrates that the March 12 - 13 market emergency saw the biggest number of Bitcoins ever proceed onward chain, with 717,340 BTC or 3.9% of coursing moving in 24 hours. 

The hard fork that made Bitcoin Cash in August 2017 is presently the second-biggest on-chain occasion in the historical backdrop of Bitcoin, with 661,100 BTC or 4.1% of coursing coins moving toward the beginning of August. 

The third-biggest day of on-chain action occurred as costs merged before the BTC crash of early November 2015, with 626,000 BTC or 4.2% of supply moving in 24 hours.