$BTC supply distribution by halving epoch is wild
Epoch 0: 2.41M
Epoch 1: 1.14M
Epoch 2: 2.07M
Epoch 3: 3.91M
Epoch 4: 10.52M
Over half the supply (10.52M) minted in Epoch 4 alone. Early epochs = diamond hands. Later epochs = distribution phase.
This is why pre-2016 holders are different. They accumulated when nobody cared.
Data: 2026-07-02
Epoch 0: 2.41M
Epoch 1: 1.14M
Epoch 2: 2.07M
Epoch 3: 3.91M
Epoch 4: 10.52M
Over half the supply (10.52M) minted in Epoch 4 alone. Early epochs = diamond hands. Later epochs = distribution phase.
This is why pre-2016 holders are different. They accumulated when nobody cared.
Data: 2026-07-02