The Right Place to Buy, Exchange and Borrow against Your Crypto.

Get Started
‘Lost and HODLed’ Bitcoin (BTC) hits 34% of supply, what does this mean? ‘Lost and HODLed’ Bitcoin (BTC) hits 34% of supply, what does this mean?

‘Lost and HODLed’ Bitcoin (BTC) hits 34% of supply, what does this mean?

While lost Bitcoin drives scarcity, on-chain metrics cannot determine the extent to which users benefit.

‘Lost and HODLed’ Bitcoin (BTC) hits 34% of supply, what does this mean?

Cover art/illustration via CryptoSlate

Data from the on-chain market analysts Glassnode shows the number of hodled or lost Bitcoin tokens has hit a seven-month high of 7,167,889.595 BTC.

This represents 34% of the total supply.

To read the rest of this article, sign in or join CryptoSlate Edge.

Get an Edge on the Crypto Asset Market

As the crypto market is constantly changing, CryptoSlate Edge is a yearly membership oriented to helping you become a more knowledgeable investor and better decision-maker.

Here's what's included in your membership:
Exclusive Articles

Be the first to read the most compelling stories high-level insights.

Private Discord Community

Communicate directly with our journalists in our private Discord.

Ad-Free Experience

We hide all advertisements for a clean and fast user experience.

Pay with Crypto ($228)
BTC · ETH · USDC · DOGE · LTC · DAI · BCH