A recent research report from Fidelity Digital Assets highlights a significant transformation in Bitcoin's supply dynamics. It indicates that the share of Bitcoin classified as "ancient"—referring to coins that have remained inactive for a decade or longer—is increasing at a rate that surpasses new coin issuance. This marks a historic first in Bitcoin's 16-year existence.
If these trends continue, Fidelity anticipates that this shift will have notable implications for the cryptocurrency market.