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).

According to Crypto Rover, more than 6 million Bitcoin are now either lost or highly illiquid, significantly reducing the available circulating supply. This Bitcoin scarcity is creating heightened urgency among traders and investors, which could intensify bullish momentum and impact short-term price action. As the market digests this supply shock, traders should monitor on-chain metrics for further signs of reduced liquidity and potential volatility, as noted by Crypto Rover on June 8, 2025.