For the first time in Bitcoin’s history, the amount of BTC held dormant for a decade or more is now growing faster than the network is producing new coins. 

This shift, which began shortly after the April 2024 halving, marks a critical turning point in Bitcoin’s btc2.36%Bitcoin supply dynamics, according to a June 18 report by Fidelity Digital Assets. As of June 8, an average of 566 BTC per day is crossing into the “ancient supply” category, meaning the coins have not moved in 10 years or more. 

That figure now exceeds the network’s post-halving daily issuance rate of 450 BTC. Fidelity’s analysis stresses how the growing influence of long-term holders is redefining Bitcoin’s scarcity narrative in real-time.