3.35 Million Bitcoin Gather Dust for 10+ Years—Supply Squeeze Incoming?
Crypto's ultimate HODLers just flipped scarcity into overdrive.
While Wall Street plays musical chairs with ETFs, a staggering 3.35 million BTC haven't budged since the Obama administration. That's 18% of the total supply effectively frozen—more than all the Bitcoin left to mine.
Market makers sweating yet?
This isn't your average diamond-handed retail investor. We're talking institutional-grade cold storage, lost Satoshis, and early adopters who treat private keys like nuclear codes. Meanwhile, exchanges scrape for liquidity like college students at a Coinbase ATM.
Price implications? When supply meets institutional demand at these levels, the math gets violent. Cue the 'this time it's different' chorus from the same analysts who missed the last three bull runs.
Funny how 'digital gold' suddenly behaves like actual gold when the suits want in. Just don't tell the Fed.
Why It Matters: Illiquid Supply Tightens
As older coins continue to stay locked, the liquid portion of Bitcoin available for trading shrinks. This growing “HODL floor” reduces sell pressure and amplifies the impact of new demand. Historically, such conditions have preceded major rallies.
In previous bull markets, a rising proportion of long-held BTC has often signaled tightening supply, with fewer coins available for speculative trading. If demand increases — whether through ETFs, institutional adoption, or macro tailwinds — it could trigger rapid upward price adjustments.
READ MORE:
Investor Takeaway
With nearly 1 in 6 BTC effectively removed from circulation and spot ETFs showing signs of recovery, market observers are warning of an incoming supply shock. As Bitcoin’s price climbs above $116K and long-term holder conviction strengthens, the stage may be set for a new leg higher — assuming demand accelerates.
