Analysis: Around 70% of Bitcoins Unspent for Six Months or More

By November 24, 2014Bitcoin Business

As many as 70% of all bitcoins in circulation have not moved in at least six months, according to data provided by Reddit user John Ratcliff.

Ratcliff, a principal engineer at NVIDIA who in his spare time uses 3D tools to visualize blockchain analytics,  published the new charts  to provide the community with a better idea of how and when bitcoins have moved in recent months

An analysis of the charts by cryptocurrency author and enthusiast Tim Swanson […]

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