🚨 3.56M BTC May Be Lost Forever

CryptoQuant analyst Darkfost reports that around 3.56 million BTC are now considered lost or permanently inactive roughly 17.7% of Bitcoin’s circulating supply.

That’s an extraordinary amount of BTC removed from practical market liquidity.

But one important distinction: “lost” doesn’t necessarily mean every coin is proven inaccessible. Some may simply belong to holders who haven’t moved their BTC for many years.

Still, if a large portion never returns to the market, Bitcoin’s effective available supply is much smaller than the headline circulating-supply figure suggests.

Scarcity isn’t just about the maximum 21M BTC.

It’s also about how much BTC can actually
move.
$BTC

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