Bitcoin supply squeeze intensifies as ‘ancient’ holders eclipse newly mined BTC
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The “ancient” Bitcoin cohort is growing faster than the amount of new coins mined, and with institutional flows accelerating, the path to $1 million BTC is starting to take shape.
Key takeaways:
The number of Bitcoin held for over 10 years is increasing faster than new coins are mined—550 BTC/day versus 450 issued BTC/day.
17% of BTC is already considered illiquid, and projections suggest up to 30% by 2026.
5h ago•
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