The latest distribution snapshot reveals a structural squeeze forming across #Bitcoin as circulating supply becomes increasingly immobile. With over seventeen percent already lost forever and another chunk locked across governments, ETFs and corporate treasuries, the liquid float available to traders keeps shrinking. Individuals still dominate ownership but long term holder behavior shows tightening supply that historically precedes major expansions in price.
Satoshi’s untouched wallet, miner reserves and the final unmined coins combine to create a ceiling on future issuance while demand from institutional ETFs continues to climb. This imbalance is quietly setting up a supply side pressure zone that could fuel the next explosive move for BTC as liquidity thins and volatility primes for a breakout.
