Mitchell Askew Explains What 15M Inactive BTC Means for Bitcoin’s Next Move

Mitchell Askew estimates that roughly 15 million BTC is inactive or held by long-term owners, sharply reducing the portion of supply readily available to trade. This illiquidity can amplify Bitcoin’s price movements because relatively modest changes in demand may encounter limited sell-side supply. The figure is not necessarily a bullish signal by itself, as dormant coins can re-enter the market, but it highlights a structurally constrained float that could intensify Bitcoin’s next major move.