For various reasons, it is known that some Bitcoin (BTC) addresses do not deal for years despite keeping a large amount of money in digital origin, resulting in placing the addresses in stillness. It should be noted that the number of bitcoins held in such addresses is increasing. As of August 22, the cumulative number of bitcoin held in idle addresses over the past five years has reached an all-time high of BTC 17.87 million, according to Bitinfocharts data.
From the data, Bitcoin in inert titles accounts for more than 90% of the existing 19.12 million BTCs. The top-rated idle address contains 79,957 BTC worth about $1.6 billion based on bitcoin’s market value of $21,200 by the time of publication. Cumulatively, the top five dormant titles have 185,096 BTC worth $3.9 billion.
It should be noted that Bitcoin’s inert address refers to addresses where there are no transactions issued for a certain period with a non-zero balance. Several factors to calculate dominance in such titles.