Webster's Rating: Regardless of Bitcoin's profitability, investors are more inclined to deposit than sell

Wechsler Ratings tweeted today that some analysts said that more than 60% of bitcoin has been stored in wallets for more than a year rather than circulating in the market. During this period, the price of Bitcoin against the US dollar rose from $ 3,100 in December last year to a high of $ 13,800 in 2019 just six months later. Regardless of profitability, investors want to deposit coins rather than sell them.