Fidelity: The growth rate of Bitcoin's 'ancient supply' that has not moved for more than ten years has exceeded the daily new production

Fidelity Digital Assets research shows that the growth rate of Bitcoin's 'ancient supply' that has not moved for more than ten years has exceeded the daily new production. Starting from April 2024, an average of 566 BTC is added to the ten-year holding queue each day, surpassing the miners' daily new supply of 450 BTC. The proportion of holdings for more than ten years accounts for 17% of the total circulating supply (approximately 3.4 million coins, worth 36 billion USD), of which 33% is held by Satoshi Nakamoto, and a portion of Bitcoin may be permanently lost. After the 2024 U.S. elections, the amount of ten-year holdings decreased on 10% of trading days, reflecting the impact of market fluctuations on the behavior of long-term holders. Currently, 27 listed companies hold more than 800,000 BTC. Fidelity predicts that if companies holding 1,000 BTC or more continue to hold Bitcoin on their balance sheets, by 2035, the supply of 'ancient' Bitcoin will exceed 30% of the circulating supply. $BNB