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
Discussion
Coiled spring? Supply shock? Super cycle? Face melts?
What percent of that is considered lost? I can personally vouch for at least .1 that is sadly gone forever.
I guess at least 4 million bitcoins could be considered lost at this point.
For anyone interested, live chart available at: