Older Bitcoins Getting Spent as Cost Climbs, On-Chain Data Exhibits
Bitcoin’s Older

Older Bitcoins Getting Spent as Cost Climbs, On-Chain Data Exhibits

Source: AdobeStock / breakermaximusFollowing the higher bitcoin (BTC) prices seen over the past few weeks, the proportion of old bitcoins that are spent on the network has once again increased, a new report from on-chain analytics firm Glassnode shows. According to the firm, some long-term bitcoin holders have taken advantage of the currently high bitcoin…