Mitchell Askew Explains What 15M Inactive BTC Means for Bitcoin’s Next Move
What happened
Mitchell Askew explains why on-chain data and 15M BTC in long-term supply signal seller exhaustion. Mitchell Askew, Head of Blockware Intelligence, breaks down long-term holder supply, which hit an all-time high of 15 million BTC this summer.
He explains why so many coins sitting still signals more room for price to run. He also shares what Bitcoin ETF flows reveal about institutional buyers returning to the market.
This content is provided for informational and educational purposes only and should not be construed as investment, legal, tax, or accounting advice. Nothing contained in this show constitutes a solicitation, recommendation, endorsement, or offer to buy or sell any securities or financial instruments.
Sources & evidence
- Bitcoin Magazine Reporting source
Mitchell Askew Explains What 15M Inactive BTC Means for Bitcoin’s Next Move ↗
https://bitcoinmagazine.com/videos/mitchell-askew-explains-what-15m-inactive-btc-means-for-bitcoins-next-move