Bitcoin supply squeeze intensifies as ‘ancient’ holders eclipse newly mined BTC
The “ancient” Bitcoin cohort is growing faster than the amount of new coins mined, and with institutional flows accelerating, the path to $1 million BTC is starting to take shape.
Key takeaways:
The number of Bitcoin held for over 10 years is increasing faster than new coins are mined—550 BTC/day versus 450 issued BTC/day.
17% of BTC is already considered illiquid, and projections suggest up to 30% by 2026.
