Proportion of Bitcoin Provide Held by Retail Merchants Reaches 17%, up From 12% In 2020

January 6, 2023 ( Newswire) In response to, the share of Bitcoin provide held by retail merchants surged to 17 % in 2022 – up from 12% in 2020.

BanklessTimes CEO, Jonathan Merry, commented on the info saying, “We’re seeing a brand new wave of retail merchants which have jumped into the Bitcoin universe, and it seems that they’re wholesome patrons. These merchants might proceed to build up Bitcoin over the approaching months, additional driving up demand for the cryptocurrency.”

Glassnode information additionally helps these figures, which exhibits that entities with lower than 10 BTC have grown 13.9% of the availability. The total story and statistics will be discovered right here: Proportion of Bitcoin Provide Held by Retail Merchants Reaches 17%, up From 12% In 2020

Extra Information: Newswire

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