Supply Metrics
Key Numbers
Section titled “Key Numbers”| Metric | Value |
|---|---|
| Max Supply | 21,000,000 BTC |
| Circulating | ~19,600,000 BTC |
| Lost Forever (est.) | ~3,700,000 BTC |
| Daily Issuance | ~450 BTC |
| Next Halving | ~2028 |
On-Chain Signals
Section titled “On-Chain Signals”- MVRV Ratio — Market value vs realized value, gauges over/undervaluation
- SOPR — Spent output profit ratio, measures profit-taking behavior
- NUPL — Net unrealized profit/loss across all holders
- Stock-to-Flow — Scarcity model based on existing supply vs new production