Unfolded recently reported that a significant portion of the Bitcoin supply, over 30%, hasn't been moved in at least 5 years. This indicates strong long-term holding sentiment among Bitcoin investors, often referred to as "hodlers." This behavior suggests confidence in Bitcoin's future value and potential. The data also highlights the scarcity of Bitcoin. Coupled with the news that an estimated 7.5% of the total Bitcoin supply is believed to be permanently lost due to forgotten private keys or other mishaps, the immobility of such a large percentage further emphasizes Bitcoin's finite nature. This scarcity is a key driver of its value proposition. Ultimately, this data underscores the strength of Bitcoin as a long-term store of value for many investors. The combination of long-term holding and lost coins is expected to have long term impact on price discovery. ```

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