If you think 88,000 yuan for Bitcoin is expensive, you can look at a set of data——

On the surface, 19.68 million BTC have been mined, with only 1.32 million not yet mined. However, the reality is that chain data indicates that one-third of the mined Bitcoin is lost, meaning that many people bought early, but their mnemonic phrases are likely completely lost, effectively resulting in this portion being passively destroyed.

It's estimated that about 5 to 6 million are lost, with another approximately 1 million held by various governments, and over 1 million in ETF reserves. There are also two major holders, BlackRock with over 700,000, MicroStrategy with over 600,000, Satoshi Nakamoto has over 1 million, and some large holders and miners who do not sell for a long time, probably also around 2 million. Together, this adds up to over 15 million.

Only about 4 million are available on the market, so if they don’t sell, where can the price go?

When hoarding Bitcoin, you need to consider your proportion of the existing supply; being overly concerned with price can easily lead you to be cast out of the long history of crypto.

Beat has also taken another wave, what about you? Which one did you buy? Leave a message in the comments to help you out.