Supply breakdown hitting different rn 📊

7.99M $BTC (39.8%) hasn't moved since 2022 or earlier — absolute diamond hands

12.11M $BTC (60.2%) moved in last 4 years — this is your active supply

Nearly 40% of circulating supply is cold storage OG coins. Supply shock mechanics getting tighter every cycle.

Less liquid supply + institutional demand = you do the math