If you think 8.8w Bitcoin is expensive, you can look at a set of data——

On the surface, 19,680,000 BTC has been mined, and only 1,320,000 have not been mined, but the fact is that on-chain data shows that one-third of the mined Bitcoin is lost, meaning many people bought early, but the mnemonic phrases are likely completely lost, effectively destroying this portion passively.

Approximately 5,000,000 to 6,000,000 coins are lost, plus about 1,000,000 held by various governments, and another 1,000,000 from ETF holdings, along with two major holders: BlackRock with over 700,000, MicroStrategy with over 600,000, Satoshi Nakamoto with over 1,000,000, and some large holders and miners who do not sell for a long time, which is also about 2,000,000, adding up to nearly 15,000,000.

There are only about 4,000,000 available for purchase on the market. If they don't sell, where can the price go?

When hoarding Bitcoin, you need to think about your proportion in the available supply; being overly concerned about the price may easily lead you to be left out of the long history of crypto. #BitcoinLiquidity