Data says only 22% of Bitcoin supply left in circulation as BTC rally 'far fr...
Roughly three-quarters of the 18.6 million BTC mined to date is not up for sale or even moving anywhere, Glassnode calculates. Bitcoin (BTC) investors are quickly storing most of the available coins away, and they are not for sale, new data at the start of 2021 reveals.Statistics from on-chain analytics resource Glassnode originally released on Dec. 29, 2020 confirm that almost 80% of the Bitcoin supply is illiquid.78% of BTC supply illiquidThe changes in the composition of the Bitcoin market have become well known. As new all-time highs above $35,000 emerge, so too has a narrative that....
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Onchain statistics show 78% of the circulating bitcoin supply is illiquid and barely accessible according to Glassnode research. Data indicates that the analysts have classified 14.5 million bitcoin as illiquid and only 4.2 million bitcoin in constant circulation. One of the most treasured parts of the Bitcoin (BTC) protocol is the fact that the system is mathematically provable, and bitcoins are scarce. When Satoshi Nakamoto created the crypto asset, the inventor set the supply cap to end at 21 million coins issued and today, there’s approximately 18.58 million BTC in circulation.....
On April 1, 2022, records show that 19 million bitcoin have been mined into circulation. With the max supply set at 21 million, there’s only two million bitcoins left to be found by mining participants.
Satoshi’s Mathematical and Predictable Design — 19 Million Bitcoins Have Been Issued
The Bitcoin (BTC) network reached a milestone on Friday, April 1, 2022, after records show that 19 million bitcoin have been mined. The watershed moment occurred at block height 730,034 and now there’s only two million left to be mined. At block height the total....
Bitcoin’s circulating supply has fallen near the end of 2021, with December representing the lowest month on average in years for Btc supply. 6.3% Of BTC On Exchanges The amount of Bitcoin in circulation has been falling since the halving in 2020, according to a new study from CryptoRank, with access to acquire Bitcoin on exchanges also declining. However, by the second half of 2020 (around October), the supply of Bitcoin on exchanges stood for 9.5% of the overall quantity. This percentage had declined to 7.3% of all Bitcoin on wallet exchanges in July 2021, and only 6.% percent of....
The Bitcoin market capitalization is once again sufficient to cover the M1 money supply of either Australia or Canada. Another day of gains for Bitcoin (BTC) has seen the price of the largest crypto by market capitalization go beyond the $1.1 trillion mark — $1.105 trillion to be precise.This market capitalization growth now means that Bitcoin’s market size has surpassed Canada’s M1 money supply which stands at $1.104 trillion according to data from CEIC.At the present figure, Bitcoin’s market capitalization is also greater than the M1 money supply of the Australian dollar which currently....
Fresh data shows 90% of the total Bitcoin supply is mined, but the rest will take a little longer to produce. Total circulating Bitcoin (BTC) hit a significant milestone on Monday morning, one and a half years after the last Bitcoin halving, as 90% of the maximum total supply has been mined.Current data from Blockchain.com shows Bitcoin in circulation hit 18.899 million as of Monday, meaning only 10% of the total supply is left to mine. While the first 90% of BTC took about 12 years to mine, the rest will take a little longer. Bitcoin has a hard cap of 21 million coins set by its anonymous....