The Luna collapse impact on Bitcoin one year later

Quick Take

• The Luna crash between May and June 2022 drove Bitcoin’s value below $20,000.
• In June 2022, Bitcoin’s value diminished by $10,000 in ten days.
• Bitcoins are now predominantly held by long-term investors.
• A record 69% of Bitcoin’s supply has remained inactive for over a year, a trend rising since the beginning of 2023.
• Despite a significant 75% price plunge in 2022, Bitcoin’s steadfast ‘buy-and-hold’ strategy remains robust throughout the bearish market.

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