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Previous 8-month low of 7,252,221.072 BTC was observed on 30 December 2020
— glassnode alerts (@glassnodealerts) December 31, 2020
According to Glassnode data, the amount of lost Bitcoin has slowly been decreasing over the past eight months. This is due to the bull market and the large numbers of previously long-term investors moving their Bitcoin and looking to sell.