Published: 2025-10-08 | Updated: 2025-10-08 | Author: COINOTAG Over 61% of Bitcoin is part of the dormant supply, meaning these coins have not moved for over one year; this Bitcoin dormant supply constrains immediate sell-side liquidity and intensifies price discovery as institutional inflows bid for a shrinking available float. Over 61% of BTC unchanged for 12+ months — a major supply constraint. ~17% of Bitcoin has been unmoved for more than ten years, indicating early-adopter and institutional conviction. Recent spot ETF inflows totaled $5.95 billion, increasing demand absorption while available supply stays limited. Meta description: Bitcoin dormant supply: Over 61% of BTC hasn’t moved for a year; learn why holder conviction and ETF inflows tighten sell-side supply. Read analysis and key takeaways. What is Bitcoin dormant supply? Bitcoin dormant supply is the portion of BTC that has not moved on-chain for a defined period (commonly 1+ year). Dormant supply signals long-term holder conviction and reduces immediate sell-side liquidity, affecting how new demand translates into price changes. How does long-term holding affect Bitcoin price discovery? Long-term holding removes coins from active circulation. When over 61% of Bitcoin remains unmoved for a year, available float shrinks. Short-term sellers and exchanges supply less, forcing new buyers—retail or institutional—to bid upward to acquire BTC. When did institutional inflows amplify market absorption? Spot Bitcoin ETF inflows recently reached $5.95 billion, according to industry flow data. These inflows increase buy-side pressure while dormant supply constrains sell-side availability. The combination strengthens price discovery and can accelerate rallies under sustained demand. Frequently Asked Questions Why are so many Bitcoins unmoved for over a year? Many coins are held by long-term investors, early adopters, and institutional treasuries. Factors include belief in long-term value, tax and custody considerations, and strategic reserve policies by large holders. This results in extended on-chain dormancy. Does dormant supply mean Bitcoin is less volatile? Not necessarily. Dormant supply reduces available liquidity, which can both dampen small fluctuations and amplify large moves when big buy or sell orders hit a thin market. Context and order flow determine volatility outcomes. How can traders monitor dormant supply metrics? Traders use on-chain metrics such as supply-age bands and dormant supply percentages to gauge available float. Monitoring ETF flows, exchange balances, and supply-age distribution offers a clearer view of sell-side capacity. Summary Table: Dormant Supply by Age Holding Period Approx. Share of BTC Market Implication > 1 year 61%+ Reduced short-term sell-side supply > 10 years ~17% Deep conviction from early holders More available for active trading Key Takeaways Major supply constraint : Over 61% of Bitcoin unmoved for a year tightens available float. Holder conviction : ~17% held over a decade indicates deep, long-term belief in BTC’s role. Institutional demand : $5.95 billion in spot ETF inflows increases absorption needs, supporting stronger price discovery. Market Context and Expert Notes Industry figures emphasize the significance of dormant supply. Michael Saylor (MicroStrategy) noted: “Strong hands are the foundation of Bitcoin’s price discovery.” Cathie Wood (ARK Invest) observed that supply dynamics paired with ETF inflows create a rally different from prior cycles. Conclusion Bitcoin dormant supply above 61% reflects concentrated long-term holding that materially limits sell-side liquidity. Combined with sizable ETF inflows, this environment strengthens price discovery and may lead to more pronounced market moves when demand persists. Monitor on-chain age bands and institutional flows for real-time signals. { "@context": "https://schema.org", "@type": "NewsArticle", "headline": "Over 61% of Bitcoin Unmoved for a Year — What It Means for Supply and Price", "description": "Bitcoin dormant supply: Over 61% of BTC hasn't moved for a year; learn why holder conviction and ETF inflows tighten sell-side supply.", "datePublished": "2025-10-08T08:00:00Z", "dateModified": "2025-10-08T08:00:00Z", "author": { "@type": "Organization", "name": "COINOTAG" }, "publisher": { "@type": "Organization", "name": "COINOTAG" }, "mainEntityOfPage": { "@type": "WebPage", "url": "https://en.coinotag.com/" }} { "@context": "https://schema.org", "@type": "FAQPage", "mainEntity": [ { "@type": "Question", "name": "Why are so many Bitcoins unmoved for over a year?", "acceptedAnswer": { "@type": "Answer", "text": "Many coins are held by long-term investors, early adopters, and institutional treasuries for reasons including belief in long-term value, custody policies, and tax planning." } }, { "@type": "Question", "name": "Does dormant supply affect Bitcoin volatility?", "acceptedAnswer": { "@type": "Answer", "text": "Dormant supply can reduce available liquidity, which may dampen small moves but amplify large price swings when significant orders hit a thin market." } } ]} { "@context": "https://schema.org", "@type": "HowTo", "name": "How to assess the impact of Bitcoin dormant supply", "step": [ { "@type": "HowToStep", "name": "Check supply-age distribution", "text": "Review on-chain metrics that segment coins by last-move age to see what portion of supply is dormant." }, { "@type": "HowToStep", "name": "Monitor institutional flows", "text": "Track spot ETF inflows and large institutional purchases to understand demand pressure on available float." }, { "@type": "HowToStep", "name": "Compare to exchange balances", "text": "Assess exchange reserve trends to estimate how much of the active supply is immediately tradable." } ], "totalTime": "PT10M", "estimatedCost": { "@type": "MonetaryAmount", "currency": "USD", "value": "0" }}