Supply by Wallet Size
What Is Supply by Wallet Size?
Distribution of Bitcoin supply across different wallet size cohorts — from retail (< 1 BTC) to institutional (1,000+ BTC) and whale (10,000+ BTC).
How to Interpret
Shifts in supply distribution reveal capital flow dynamics. Retail accumulation while whales distribute often marks late-cycle dynamics. Whale accumulation during low prices signals smart money buying.
More Supply Dynamics Metrics
HODLer Net Position Change
Measures the 30-day net change in supply held by long-term holders. Positive = HODLers accumulating more than distributing. Negative = HODLers net distributing.
Issuance Rate
The rate at which new Bitcoin is created through mining block rewards. Halves approximately every 4 years (210,000 blocks). Currently 3.125 BTC per block after the April 2024 halving.
Supply Last Active > 1 Year
The percentage of Bitcoin supply that has not moved on-chain for at least one year. Reflects long-term holder conviction and supply removed from active circulation.
Circulating Supply
The total number of Bitcoin currently in existence, approaching the fixed maximum of 21 million. Increases with each block reward. Currently approximately 19.7 million BTC.