Bitcoin is experiencing an extremely exaggerated supply phenomenon. Currently, a staggering 81% of Bitcoin has not moved for at least 6 months. That’s equivalent to: 16.3M BTC being held for over half a year. This means the amount of BTC actually available for trading in the market might be far less than the "total supply" suggests. And this is the scariest part about Bitcoin: Price increases don’t necessarily require a sudden influx of massive capital. As long as holders: Don’t sell. When ETFs, corporations, institutions, and new funds continue to create marginal buying pressure, and the amount of BTC people are willing to sell keeps shrinking, Even a small increase in new demand Could have a huge impact on the price. Because the price has never truly depended on: "How much BTC exists in total?" But rather: "At this price, how much BTC is actually willing to sell?" ⚠️ Of course, not moving for 6 months doesn’t mean these BTC will never be sold; if the price rises quickly, some long-term holdings might re-enter the market. But the most noteworthy thing about this chart right now is: Demand is coming back, while a large amount of BTC remains unmoved. Bitcoin’s supply cap is 21 million coins. What could truly determine the explosive power of the next price rally is how many of those coins are actually willing to sell. ₿