Everyone repeats that Bitcoin ($BTC) has a hard cap of 21 million coins — but the real circulating supply is much lower. A huge portion is lost, locked, or unmined, and that scarcity changes the entire market narrative.
🔍 The Real Numbers
17.6% → Lost forever (forgotten keys, lost wallets) 🗝️
5.2% → Locked in Satoshi’s untouched wallet 🕵️♂️
6.6% → Still waiting to be mined ⛏️
👉 That’s nearly 30% of BTC permanently out of circulation.
🏦 Who Holds Bitcoin Today?
57% Individuals 👥
3.9% ETFs (growing fast with spot ETF demand) 📈
3.6% Companies 🏢
2.7% Governments 🌍
3.4% Miners ⚡
⚡ Why It Matters
Bitcoin’s real liquid supply is shrinking, while institutional demand surges. With halving cycles, ETF inflows, and rising adoption, scarcity is no longer just a theory — it’s visible on-chain. ⏳
Less than 2M BTC remain to be mined, and every halving accelerates the squeeze. For long-term holders, this sets up a perfect storm of demand vs. limited supply.
🎯 The Bottom Line
The “21M myth” hides Bitcoin’s true scarcity. Real supply is far lower, and as institutions buy in, available BTC is drying up fast. The countdown has already begun.
#BTC #CryptoScarcity #BitcoinHalving #ETFFlows #BinanceSquare 🚀
