🔥🔥🚀💵💵Bitcoin's Ancient Supply Growth Surpasses Daily Production💵💵🔥🚀🔥
According to Odaily, research by Fidelity Digital Assets reveals that the growth rate of Bitcoin's 'ancient supply,' which has remained unmoved for over ten years, now exceeds the daily new production.
Since April 2024, an average of 566 $BTC has been added daily to the ten-year holding category, surpassing the miners' daily addition of 450 $BTC .
The proportion of #bitcoin held for over ten years constitutes 17% of the total circulating supply, approximately 3.4 million BTC, valued at $360 billion. Of this, 33% is held by Bitcoin's creator, Satoshi Nakamoto, while some Bitcoin may be permanently lost.
Following the 2024 U.S. presidential election, there was a decrease in the ten-year holding on 10% of trading days, indicating market volatility's impact on long-term holders' behavior. Currently, 27 publicly listed companies hold over 800,000 BTC.
Fidelity predicts that if companies with 1,000 BTC or more continue to retain Bitcoin on their balance sheets, the 'ancient' Bitcoin supply could exceed 30% of the circulating supply by 2035.
