Revived Bitcoin Supply Reaches 4.65 Million BTC in 2025
- 4.655 million BTC has returned to circulation after being dormant for over six months.
- This includes approximately 1.91 million BTC from holders dormant for two years or longer.
- In dollar terms, the revived supply is valued at around $500 billion, surpassing $470 billion in the previous year.
- Over half of all Bitcoin held for more than five years was moved during the years of 2024 and 2025.
- 470,000 BTC worth about $50 billion has changed hands in just this year alone.
The significant selling activity among long-term holders is influenced by factors such as profit-taking at the psychological $100,000 price level and diversification into other assets like Gold or AI equities.
In total, the last two years have seen over $104 billion in long-dormant coins redistributed from old holders to new ones, highlighting a major shift in Bitcoin ownership dynamics.