Bitfinex: 60% of BTC supply dormant for over a year as institutions accumulate

Cryptocurrency exchange Bitfinex reported on its official X account that 60% of the Bitcoin supply has been inactive for over a year. The exchange noted that the amount of BTC activated since November 2025 has been steadily declining. According to Bitfinex, the most active group in the market currently is the one- to six-month holder cohort, which accounts for 22.1% of the total supply and is believed to consist mainly of institutional investors. These institutions are absorbing and holding a large amount of supply at current price levels, making a supply shock from compressed market liquidity more apparent, the exchange explained.