Why half of all Ethereum hasn’t moved in a year?

Over more than one year Ether collections were growing by 2020 but things could change soon with the introduction of staking.
Depending on the resources that provide the decline in transaction speed sequences, approximately 28% of Ethers have moved between 12 to 24 months in the past, which includes a significant portion of chain activity.
More than half of Ethereum’s circulation provision has not gone on for more than a year, with only 39.6% of Ether (ETH) switching over the past 12 months.

Accumulation of Ether
The data suggests that in 2019, whales (individuals or entities that hold large amounts of crypto) had spent more in collecting and holding Ether before the ETH 2.0 upgrade – which is expected to start phase 0 in the coming months, allowing users to set up their Ether for the first time.

The upcoming launch of Phase 0 appears to have created a recent increase in short-term chain transfer speeds, with the Ether share cut from 24 hours ago rising from less than 0.5% in January and February to more than 1% in early September.
About 20% of tokens have not been issued since or before October 2017, when analysts are looking to see if a percentage of these coins are taken to the stage with the release of phase 0.
The weekly rate also increased from 1.5% at the beginning of the year to 5% in July and September, and monthly and quarterly transfers were similarly increased from June.
In contrast, Bitcoin’s short-on-chain velocity has declined sharply since the first half-term increase and the ‘Black Thursday’ crash in early 2020, with weekly slides transfers ranging from about 6% supply in February to between 3.5% and -4% in September.

Why and How to start
Since ETH is approaching Phase 0 and with Ether ready to upgrade ETH 2.0, the rate is expected to be increased further. Whales have already accumulated Ether and so can you. All you need is a trading account. Bitdenex gives a free and easy to use platform to trade in cryptocurrency with top market valued coins. If you don’t have a trading account, then start here.