Bitcoin Supply Nears Limit, Leaving Weathy Investors in the Cold
Bitcoin's circulating supply has surpassed 20 million coins, reaching nearly 95.57% of its 21 million maximum limit.
This leaves less than 5% available in the market.
CZ, former Binance CEO, estimates that 10-20% of all mined Bitcoin are permanently lost due to inaccessible wallets, further tightening supply.
As a result, CZ suggests that many wealthy individuals may be priced out of owning a complete Bitcoin, given the growing demand and limited supply.