Bitcoin's unmoved supply hits all-time high amid institutional interest

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In its latest bitcoin report for June, Ark highlighted the growing support from strong holders and improved institutional sentiment.

Bitcoin supply unmoved for at least one year reached an all-time high in June — approximately 70% of the circulating supply.

Bitcoin’s price action, the GBTC discount and institutional interest in bitcoin on OTC desks also strengthened last month, despite recession concerns.Connect/Create WalletNo wallet? No problem. You can set one up for free. We recommend Torus for first-time users.In its latest bitcoin report for June, asset management firm Ark Invest highlighted growing support from strong holders and improved institutional sentiment toward the leading cryptocurrency.

 

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