Bitcoin’s Mysterious Disappearance: Will 30% Vanish by 2035? 🤔💰

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  • Oh, the ancient Bitcoin supply is growing faster than a rabbit on a pogo stick! 🐇💨
  • 88.88% of BTC holders are grinning like Cheshire cats, reveling in their profits! 😸💸

Bitcoin [BTC], that cheeky little rascal, is prancing around at a whopping $104,970.77! After a modest 0.22% gain, it’s like a cat that just caught a mouse, feeling rather pleased with itself. But hold your horses! The $102K level is acting like a safety net, just in case things go a bit wobbly! 🎢

Despite the market being as uncertain as a cat in a room full of rocking chairs, our brave BTC holders are standing firm! Whale and retail inflows to exchanges are slowing down, which might just mean they prefer to hold onto their shiny coins rather than toss them around like confetti! 🎉

But beware! While this might sound like a long-term party, short-term volatility could crash the bash at any moment! 🎈

How will the 2024 halving change Bitcoin’s ecosystem?

In a twist worthy of a Dahl story, a recent report from Fidelity Digital Assets reveals a sneaky little shift in Bitcoin’s ecosystem since the 2024 halving. For the first time ever, the “ancient supply” of Bitcoins—those coins that have been lounging around for at least 10 years—are multiplying faster than rabbits! 🐰

As of June 8, 2025, a staggering average of 566 BTC are joining this ancient club daily, outpacing the current issuance rate of 450 BTC. It’s like a race where the tortoise is winning! 🐢

Reports say that this ancient supply now makes up over 17% of all Bitcoin ever issued! Talk about a fundamental shift in the supply dynamics! 📈

While scarcity alone doesn’t guarantee a price hike, the growing influence of long-term holders might just shine a spotlight on Bitcoin’s limited supply over time. 🌟

What does Bitcoin need to do?

Now, for Bitcoin to reach the lofty heights of $1 million per coin, its market cap would need to balloon to a staggering $21 trillion—ten times its current valuation of $2.10 trillion! It’s like asking a snail to win a marathon! 🐌🏁

But fear not! This goal might not be as far-fetched as it sounds, especially with Bitcoin’s fixed supply and the ever-increasing ancient supply. Some projections suggest that ancient supply could hit 30% of the total supply (around 6.3 million BTC) by 2026! 📊

Meanwhile, the world is throwing curveballs like the Israel-Iran war, adding a sprinkle of volatility to the already rollercoaster-like crypto market! 🎢

And just to add some spice, the report mentions,

“Since the 2024 U.S. election, Bitcoin’s ancient supply has been on a rollercoaster, declining day-to-day 10% of the time—nearly four times the historical average since 2019!”

Coins held for five or more years have also seen day-to-day declines 39% of the time post-election, which is three times the norm! It’s like watching a soap opera with all the drama! 📺

What’s next?

This paints a rather rosy picture for the future of BTC, doesn’t it? But hold your horses! Recent post-election volatility shows that even the most steadfast long-term holders can be tempted to shake things up! 🐴

Still, Bitcoin’s fundamentals look as strong as a bull! According to IntoTheBlock data, a whopping 88.88% of holders are in profit, which is like finding a golden ticket in a chocolate bar! 🍫✨ Meanwhile, only 3.77% are feeling the pinch.

With fewer coins entering circulation and more being held indefinitely or lost, Bitcoin’s scarcity is set to increase like a balloon at a birthday party! 🎈

This rare, disinflationary trait, unmatched by any other asset or commodity, could become even more influential as demand rises alongside the growth of ancient supply, reinforcing Bitcoin’s long-term investment appeal despite the short-term uncertainty. 🎉

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2025-06-20 00:14