Bitcoin’s available supply is shrinking as long-term holding hits record 4 million BTC
The post Bitcoin’s available supply is shrinking as long-term holding hits record 4 million BTC appeared on BitcoinEthereumNews.com. In a significant shift in bitcoin’s market structure the amount of supply held by “conviction buyers” has surged to nearly 4 million BTC, according to BitGo data cited by Bitfinex on Wednesday. Bitcoin in long-term buyers’ hands currently represents a 300% increase since the end of 2025, signaling a massive migration of the crypto’s realized value into large, low-activity entities, according to Bitfinex. The massive “conviction” capital is valued at just over $320 billion, based on bitcoin’s current price of roughly $80,000. “While the exact methodology behind BitGo’s ‘conviction buyers’ metric isn’t immediately clear, the broader signal is notable,” said Mati Greenspan, a market analyst and founder of Quantum Economics. “Historically, periods of tightening liquid supply combined with renewed demand have created the conditions for bitcoin’s most aggressiv