Key facts
- 15 million inactive Bitcoin (BTC) supply suggests seller exhaustion.
- Bitcoin is rallying despite macroeconomic headwinds.
Bitcoin is showing resilience and rallying despite macroeconomic headwinds. Analyst Mitchell Askew suggests that the significant amount of inactive Bitcoin, with 15 million BTC in long-term supply, indicates potential seller exhaustion. This on-chain data point could be a key factor influencing Bitcoin's future price direction.