Dormant Bitcoin Supply Peaks As Institutional Investors Show Increased Involvement

According to recent hedge fund Ark Invest data, a historical amount of the Bitcoin supply has remained dormant for at least a year, with roughly 70% of the circulating supply unmoved in June 2023. Despite looming economic uncertainty, this dynamic occurs alongside a surge in institutional interest in the cryptocurrency. 
In June, several factors contributed to the increased robustness of the Bitcoin price action. Ark Invest, a renowned asset management firm, highlighted this trend in its re