Fidelity: It is expected that 8.3 million Bitcoins will be in non-liquid by 2032

According to the report on September 16, asset management company Fidelity said that at the current rate of Bitcoin Treasury purchase, by 2032, about 42% (or 8.3 million) of Bitcoin circulation supply may be "lack of liquidity." The standard for determining the lack of liquidity in both groups of Bitcoin supply is that this supply has increased quarterly over the past four years, or at least 90% of the time, Fidelity reported on Monday. Based on this, Fidelity identified two groups: long-term Bitcoin holders and publicly traded companies holding at least 1,000 Bitcoins, which have seen growth this year. Fidelity expects that by the end of 2025, the two will hold more than 6 million Bitcoins, accounting for more than 28% of all Bitcoins. Fidelity found that long-term Bitcoin holders (defined as people who haven’t moved their Bitcoin out of their wallets for at least seven years) have not seen a decrease in supply since 2016. The second group — listed companies holding at least 1,000 Bitcoins — also maintained steady holdings overall, with only one drop in supply in the second quarter of 2022.