15 million Bitcoin stagnant in past six months amid crypto winter

In a significant concern for many in the cryptocurrency community amid the deepening crypto winter, the total amount of inactive Bitcoin (BTC) for at least six months has grown to over 15 million.

According to an analysis by CryptoMonday.de, Bitcoin "hodlers" are becoming increasingly popular, with investors looking to hold onto their BTC longer.

Hodlers are long-term holders of a cryptocurrency, who buy and hold regardless of price.

Stagnant BTC supply since 2010 has slowly increased over the years, with a few exceptions in 2018 and late 2021.

"This indicates that Bitcoin holders are increasing their holdings rather than trading or moving them around," said the report.

"The stagnation is due to the constant decline in BTC prices which has lowered people's interest in trading at the moment. Besides, it is possible that the network is not used as much as it once was. This could be due to the increasing use of al ..

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