The fourth #Bitcoin halving is fast approaching, estimated to be in April 2024.
In this edition, we deep dive into the impressive tightness of $BTC supply, and demonstrate how we can measure investor accumulation patterns in the lead up to the event.
By many measures of 'available supply', #Bitcoin is as tightly held by investors as it has ever been relative to total circulating supply.
Meanwhile, rates of accumulation and HODLing far exceed new issuance today.
Read more in The Week On-chain newsletter.
