Bitcoin’s store of value narrative is reaching new heights. 62% of BTC’s total supply (~12.15M BTC) has remained untouched for over a year, signaling strong long-term holding behavior.
📊 Key Numbers & Insights:
🔹 Supply Shock Incoming? – With a fixed 21M BTC cap and only ~2.14M BTC left to be mined, long-term holding reduces available liquidity, driving scarcity.
🔹 Lower Sell Pressure – If 62% of Bitcoin stays dormant, only ~38% (~7.45M BTC) is actively traded, limiting available supply in the market.
🔹 Historical Trend – Before BTC’s 2020 rally to $69K, over 60% of BTC was held for a year or more. Similar holding patterns in past cycles have led to supply squeezes and price surges.
🔹 Institutional Accumulation – ETFs and corporate treasuries are absorbing more BTC:
MicroStrategy: ~190K BTC
BlackRock ETF inflows continue tightening supply further.
🔹 Halving Effect – With the 2024 Bitcoin halving reducing new BTC issuance to 3.125 BTC per block, the combination of fewer new coins + high holding rates is strengthening Bitcoin’s store of value dynamics.
As demand continues to rise while supply remains constrained, Bitcoin’s position as “digital gold” is solidifying. 🚀