2026-03-04 12:14:50

From 19.8M mined Bitcoin, ~5.1M are lost forever. Real float = 14.7M BTC. Every cycle this number shrinks. Irreversibly.

I broke down the entire supply into 3 states:
Active - coins in circulation (40.6%)
Dormant - frozen for 1-7 years (33.6%)
Lost - gone forever (25.7%)
One indicator shows what regime the market is in right now - Dormant/Active Ratio. 👇

BTC-1,23%

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