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If you think 88,000 USD for Bitcoin is expensive, you can look at a set of data——
On the surface, BTC has already mined 19.68 million coins, with only 1.32 million unmined, but the reality is that on-chain data shows that one-third of the mined Bitcoin is lost, meaning many people bought early but probably lost their mnemonic phrases, which effectively means this portion has been passively destroyed.
It's roughly 5 to 6 million coins, plus about 1 million held by various governments, and another 1 million held in ETF reserves. Additionally, the two major holders, BlackRock with over 700,000, MicroStrategy with over 600,000, Satoshi Nakamoto with over 1 million, plus some large whales and miners who hold long-term and probably haven't sold, totaling around 2 million. Altogether, it's nearly 15 million.
The market only has about 4 million available for purchase. If they all refuse to sell, how low could the price go?
When accumulating Bitcoin, you need to consider your proportion of the total supply. Obsessing over the price can actually cause you to be left behind in the long history of crypto. #比特币流动性