Part 1 Beginner Why long-term crypto holders borrow against assets instead of selling A strategic guide to liquidity management, capital preservation, and the real tradeoff between selling and borrowing crypto Open guide 
The Luna collapse impact on Bitcoin one year later
A record-breaking 69% of Bitcoin's circulating supply has remained untouched for at least a year.
This article was published 3 years ago. Some details may no longer reflect current market conditions or recent developments. If you spot anything that needs an update, contact us.
Quick Take
- The Luna crash between May and June 2022 drove Bitcoin's value below $20,000.
- In June 2022, Bitcoin's value diminished by $10,000 in ten days.
- Bitcoins are now predominantly held by long-term investors.
- A record 69% of Bitcoin's supply has remained inactive for over a year, a trend rising since the beginning of 2023.
- Despite a significant 75% price plunge in 2022, Bitcoin's steadfast ‘buy-and-hold' strategy remains robust throughout the bearish market.
$77,221.23 +0.26% (24H)
- Market Cap
- $1.55T
- 24H Volume
- $26.22B
- Circulating Supply
- 20.03M
- Dominance
- 60.2%
