Glassnode: The proportion of inactive Bitcoin supply in one year has declined to an 18 month low

According to data tracked by blockchain analysis company Glassnode, the percentage of Bitcoin circulating supply that was last transferred to the chain at least a year ago has dropped to its lowest level since October 2022. On Monday, 12.95 million BTCs (equivalent to 65.84% of BTC circulation supply) remained unchanged for over a year, the lowest proportion since October 2022.