CZ Suggests Bitcoin Scarcity Is Greater Than We Think

Changpeng Zhao recently pointed out that the circulating supply of Bitcoin could be tighter than official figures suggest. As more holders move their coins into cold storage or lose access to their wallets over time, the amount of Bitcoin actually hitting the open market shrinks.

This perspective adds fuel to the idea that Bitcoin is becoming a rare asset. While the protocol has a hard cap of 21 million coins, the real number of accessible tokens is likely much smaller. This supply squeeze often creates upward pressure on the price when demand stays steady or grows.

Investors are watching these supply dynamics closely as the market remains sensitive to shifts in availability. If the circulating supply is indeed lower than reported, it makes the remaining coins on exchanges even more significant for future price movements.