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Bitcoin Supply Squeeze Looms as CZ Highlights Massive Lost Coin Reserves

U.Today Read original source (opens in a new tab)
The Story

News Summary

  • Binance founder Changpeng Zhao highlighted Bitcoin's scarcity ahead of future supply dynamics, noting that 10% to 20% of mined Bitcoin may be permanently lost or inaccessible.
  • This reduces the true circulating supply significantly below official estimates, reinforcing Bitcoin's deflationary narrative.
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