TechFlow news, September 4 — According to Coindesk, citing the latest data from ETC Group and Glassnode, as of September 4, 2024, the amount of non-liquid Bitcoin supply has reached 14.61 million, accounting for approximately 74% of the total circulating supply — a new all-time high. Valued at current market prices, this portion of Bitcoin exceeds $826 billion. André Dragosch, Head of Research at ETC Group, stated: "The data indicates that the supply shock triggered by the halving is intensifying. This trend is expected to provide upward support for the prices of Bitcoin and other crypto assets in the coming months."
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