Tap to Trade in Gate Square, Win up to 50 GT & Merch!
Click the trading widget in Gate Square content, complete a transaction, and take home 50 GT, Position Experience Vouchers, or exclusive Spring Festival merchandise.
Click the registration link to join
https://www.gate.com/questionnaire/7401
Enter Gate Square daily and click any trading pair or trading card within the content to complete a transaction. The top 10 users by trading volume will win GT, Gate merchandise boxes, position experience vouchers, and more.
The top prize: 50 GT.
 and public companies holding more than 1,000 BTC will exceed 6 million by the end of this year. This could create a significant supply shortage in the market.
Today, when 1 BTC is worth over $100,000, such efforts are no longer necessary. Fidelity's research highlights a key trend: the number of stationary bitcoins is steadily increasing, which sharply contrasts with the situation a decade ago. Given the fixed total supply of bitcoins at 21 million, the increase in the number of coins not in circulation raises the likelihood of price growth.
The Fidelity report highlights two key groups contributing to this illiquid supply: addresses that have shown no activity for seven or more years, and public companies holding at least 1,000 BTC.
This aggregate group is expected to hold over 6 million BTC by the end of 2025, which accounts for 28% of the total supply. Fidelity also forecasts that these holdings could grow to 8.3 million BTC by 2032.
The main question is whether long-term holders will start to take profits. According to Zac Wainwright from Fidelity Digital Assets, by June 30, 2025, these two groups held more than $628 billion in bitcoins ( at a price of $107,700 per BTC), which is more than double last year's figures.
Although this is a huge unrealized profit, Wainwright does not expect it to change the trend of illiquid supply. However, he noted the first signs of capitulation when 80,000 "ancient bitcoins" ( coins, which had not moved for more than ten years ), were sold in July 2025.
Wainwright believes that the reduction in liquid supply will continue, and investors should take this trend into account when developing long-term portfolio strategies.