Part 8/13:
Another vital statistic is that around 74% of all Bitcoin hasn't moved in the last six months, indicating a high level of "hodling" or long-term holding. This "illiquid supply" makes Bitcoin scarcer and supports higher prices, as fewer coins are readily available for sale. Market maturity is evident in the reduced erraticism among short-term holders, who are less likely to panic sell during dips.
Adoption Curve and Market Maturity
Using internet adoption as a comparison, analysts at WIIE Woo suggest that Bitcoin is roughly at 4.7% adoption—a figure they compare to the internet's late 1990s phase. This analogy implies immense growth potential for Bitcoin as adoption accelerates globally.