Across Bitcoin, Litecoin, and Dogecoin, vintage supply is hardening at an accelerating rate — creating a structural liquidity paradox where shrinking available supply supports premium floors even as …
Introduction: The Case for Vintage Stratification Bitcoin is not a fungible commodity — not really. Two UTXOs containing the same number of satoshis are economically equivalent on-chain, but the …
An on-chain analysis of Bitcoin supply age distribution across vintage years — how holders of 2010–2012 coins behave differently from newer strata, and what this means for market dynamics.