According to Milk Road (@MilkRoadDaily), nearly 30% of all BTC is either lost, locked up, or not yet mined, resulting in a significantly lower circulating supply than the total supply figure implies. This reduced float heightens scarcity, which can strongly amplify price movements during bull markets. Traders should note that Bitcoin’s (BTC) true available supply is much smaller, potentially accelerating upward price action as demand increases and available coins are limited (Source: Milk Road, Twitter, June 11, 2025).