Chainalysis: Bitcoin investors and speculators held their positions over the summer

Chainalysis compared its most recent report to its analysis of bitcoin holdings from December 2017 to April 2018. According to the report, from May 2018 to August 2018, the amount of bitcoin held for speculation remained stable at 22% of all available bitcoins. Additionally, the amount of bitcoin held for investment remained stable at 30%. This stability suggests that the current market is less sensitive to hype and news reports do not have significant influences on whether long-term investors or short-term speculators sell or buy. (Source: Chainalysis)