According to a recent report by Fidelity Digital Assets, Bitcoin’s (BTC) illiquid supply could climb to 8.3 million BTC – roughly 42% of its total supply – by Q2 2032. As a result, the digital asset’s price may experience extraordinary price appreciation by then.
Bitcoin Illiquid Supply Could Jump To 8.3 Million
For their analysis, Fidelity used two distinct BTC cohorts to determine the illiquid supply. The first cohort consists of BTC that was last moved seven or more years ago. The second cohort includes public companies that hold at least 1,000 BTC.
Bitcoin included in the first cohort was found to be highly illiquid, as its total portion of the BTC supply has only increased quarter-over-quarter (QoQ) since tracking became possible in 2016. The following chart shows the quarterly net