Ancient supply is growing.
As of June 8, over 17% of all #bitcoin hasn’t moved in 10+ years.
Fidelity projects this could hit 30%+ by 2035.
Shared via https://pullthatupjamie.ai
For anyone interested, live chart available at:
https://bitcoinresearchkit.org/chart-from-10-years-supply?unit-1=%25all&charts-scale-price-scale-0=log&height-1=229.5&charts-scale-price-scale-1=lin&index=week&from=464.5525054419177&to=899.2347430366576&in-profit-1=false&in-loss-1=false&even-1=false&seriestype-0=candle&unit-0=USD
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