Bitcoin's circulating supply that has not been transferred for at least one year reached a historical high of 70.35%.

According to BlockBeats news on November 23rd, as reported by CoinDesk, blockchain analytics company Glassnode data shows that the proportion of circulating Bitcoin supply that has not been transferred for at least one year has reached a historic high of 70.35%, surpassing the peak of 69.35% in July. In addition, the percentages of Bitcoin circulating supply that has not been transferred for two, three, and five years are also at their respective historical highs. This indicates that even though Bitcoin has risen by more than double this year to $37,000, long-term investors are not planning to sell in the short term.