$BTC According to Fidelity Digital Assets, the accumulation of the old supply of bitcoin—coins that have not been touched for more than 10 years—has reached unprecedented levels, surpassing the daily issuance rate of new coins. With 566 bitcoins entering this dormancy category every day compared to only 450 that are being mined, long-term holders continue to show strong confidence, even as prices and market conditions fluctuate. The report notes that nearly 3.4 million coins, including some of Satoshi Nakamoto's, are now part of this old supply, which has a value of more than $360 billion. Recent events, such as the 2024 U.S. elections, have temporarily increased movement among long-term holders; however, the overall trend suggests that growing institutional participation could lead the old supply to represent 30% of the total circulation by the year 2035. Fidelity emphasizes that the programmed scarcity of bitcoin, reinforced by committed holders and lost coins, strengthens its unique value proposition as institutional adoption increases.