Bitcoin Supply Shock: 81% of BTC Has Not Moved in Six Months

Bitcoin supply is getting tighter as long-term holders continue to keep their coins off the market. Data from Bitcoin financial services firm River Financial shows that 81% of circulating BTC has not moved for at least six months, leaving fewer coins available for active trading.

However, the supply shock has failed to push Bitcoin above $87K as it fell below $84K and entered a consolidation phase.

81% of Bitcoin Supply Remains Dormant

According to River Financial, about 16.3 million BTC has remained untouched for more than six months. With Bitcoin’s circulating supply near 19.7 million coins, only around 3.7 million BTC makes up the active float.

This means most Bitcoin holders are keeping their coins rather than selling or moving them between wallets and exchanges. The trend has become more visible as Bitcoin recovered roughly 50% from its June lows and moved above $87,000.

The shrinking active supply is largely linked to long-term accumulation. River Financial data shows long-term holders have added more than 3 million BTC since 2020.

At the same time, the movement of older coins has slowed sharply. Only about 300,000 BTC from older wallets moved during the first half of 2026, suggesting fewer long-held coins are returning to circulation.