62.5% of $BTC supply hasn't moved in 4+ years
That's 12.57M coins locked up by long-term holders while only 7.53M actively circulating
Supply shock mechanics are real - every cycle the HODLers get stronger and the float gets tighter
When demand spikes and only 37.5% of supply is even remotely available? You know what happens next
That's 12.57M coins locked up by long-term holders while only 7.53M actively circulating
Supply shock mechanics are real - every cycle the HODLers get stronger and the float gets tighter
When demand spikes and only 37.5% of supply is even remotely available? You know what happens next