Reuters: Number of long-term Bitcoin investors grows, investment stability increases

In 2022, a growing number of long-term investors are reportedly holding their hands on cryptocurrencies, hoping last December’s drop was just a blip. According to the report, some industry watchers pointed to the potential stability of such long-term investments as a promising indicator for the volatile cryptocurrency. Citing digital wallet data from multiple exchanges, digital currency brokerage firm Genesis Trading said the number of bitcoins in digital wallets with no outflow for more than five months had been steadily increasing since July last year. In addition, “illiquid” digital wallets, which have spent less than a quarter of their inflows, are also seeing a rise in the amount of bitcoin; meaningless bitcoin is being actively traded.