60% of Bitcoin is Held Long Term
According to Chainalysis, 11.4M BTC — or 60% of mined Bitcoin —is held by either people or businesses that have never sold more than 25% of Bitcoin and have often held on to that Bitcoin for many years.
Another 3.7M BTC — or 20% of mined Bitcoin — is lost as that hasn’t moved from its current set of addresses for 5 years or longer.
The rest 3.5M BTC — or 19% of mined Bitcoin — is used for trading as that moves frequently, primarily between exchanges.
As of June 2020, roughly 18.6M Bitcoin has been mined.