🎉【Gate Singapore Flagship Event · Square Fun Quiz Challenge Day 1】
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📖 Day 1 · Quiz (Single Choic
The 10-year Bitcoin holding growth rate exceeds the daily issuance, marking the scarcity signal after the 2024 Halving.
Gate News bot message, according to Fidelity Digital Assets' research on June 18, on-chain data shows that the "old supply" of Bitcoin (BTC) is rising faster than the daily issuance of new BTC.
The report considers the ancient supply as Bitcoin that has not moved for at least ten years and calculates that since April 2024, an average of 566 BTC has entered the 10-year-plus category daily, exceeding the 450 BTC that miners currently add to circulation each day.
This milestone was achieved less than a year after the block reward halving in 2024 halved the issuance, redefining the supply dynamics of the network.
The ancient supply accounted for over 17% of all mined Bitcoins, totaling around 3.4 million BTC, valued at approximately 360 billion dollars, with each priced at 107,000 dollars. When this metric was first calculated at the beginning of 2019, the figure was close to zero.
Satoshi Nakamoto holds 33% of the Bitcoin, and another portion of unknown Bitcoin may have been irretrievably lost. However, analysts point out that any Bitcoin still has the potential to be reused.