Bitcoin (30%) and Ethereum (39%) Active Supply Hit Historic Lows

In the past year, both Bitcoin and Ethereum have reached historic lows in their active supply turnover. Compared to previous periods, the current turnover rate for Bitcoin is only 30.12%, whereas it was 59% between March 2017 and 2018. As for Ethereum, the current supply turnover is only 39.15%, while it was 86% between July 2016 and 2017.

For Bitcoin, reaching a historic low in active supply turnover typically occurs before a block reward halving. The next anticipated Bitcoin halving is expected to take place on April 24, next year, which is 155 days away from now.