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Bitcoin
2026-08-15 08:39:01

CZ says more than 20.07 million BTC had been mined by August 2026

Binance founder Changpeng Zhao, widely known as CZ, said in a social media post that more than 20.07 million Bitcoin had been mined as of August 2026, leaving about 4.4% of the total supply still to be mined. The remark focused on Bitcoin’s issuance schedule and the shrinking amount of new supply left in the network. Zhao also said he estimates that 10% to 20% of the existing Bitcoin supply has been lost, stuck, or is otherwise unrecoverable. Based on that view, he described Bitcoin as a deflationary asset. The post did not provide additional calculations or methodology for the estimate, and the statement was cited by ChainCatcher as a social media comment from the Binance founder.

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CZ says more than 20.07 million BTC had been mined by August 2026
Bitcoin
2026-08-14 05:40:04

On-Chain Analyst Murphy: 2025 BTC Positions Underwater as Chip Supply Drops 41.5%

On-chain analyst Murphy said that nearly all bitcoin bought in 2025 has been held at a loss since purchase. Excluding wallet migration, recent declines in the 2025 cohort's supply likely reflect selling at a loss. Data cited by Murphy shows the remaining BTC acquired in 2025 stands at about 4.77 million coins, down 41.5% from the December peak. The drawdown came in two stages: a rapid decrease before February and a slower, but steady, decline after that. Murphy believes the 2025 cohort could be the largest potential supply overhang in the current market. By comparison, coins formed in 2022, 2023 and 2024 remain in profit, so overhead supply has largely been flushed out and the curve is flattening, which points to easing sell pressure from long-term holders. Historical bear-market bottoms show similar patterns. At the 2022 bottom, coins bought at the 2021 highs fell by around 51%; at the 2018 bottom, 2017 high-level coins fell by about 62%. If history offers a guide, Murphy sees a possible 50%-60% decline in 2025 high-level chips by the bottom of this cycle. The current 41.5% drawdown suggests more room remains. But the estimate does not account for BTC bought by spot ETFs and MicroStrategy, most of which is locked up long term and could reduce actual market supply pressure.

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On-Chain Analyst Murphy: 2025 BTC Positions Underwater as Chip Supply Drops 41.5%
USDC
2026-08-08 06:55:37

USDC Supply Drops ~100M in Seven Days as Circle Issues 6.3B, Redeems 6.4B

In the seven days through Aug. 6, Circle issued about 6.3 billion USDC and redeemed roughly 6.4 billion, leaving circulating supply down about 100 million tokens. Total USDC circulation sits at 71.8 billion. Reserves are around $72 billion, composed of about $51.8 billion in overnight reverse repos, $9 billion in Treasury securities with maturities under three months, $10 billion in deposits at systemically important institutions and $1.2 billion in other bank deposits.

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USDC Supply Drops ~100M in Seven Days as Circle Issues 6.3B, Redeems 6.4B
PancakeSwap
2026-08-06 15:43:13

PancakeSwap Net-Burns 1.27M CAKE in July, Supply Down 35 Months

PancakeSwap has released its July CAKE token burn report. In July, the protocol net-burned 1.27 million CAKE, equivalent to 0.38% of the total supply. This marks the 35th consecutive month of decline in the token's total supply. The report shows that 674,000 CAKE were minted while 1.944 million were burned during the month, resulting in net deflation. Since September 2023, the cumulative net burn has reached 57.22 million CAKE.

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PancakeSwap Net-Burns 1.27M CAKE in July, Supply Down 35 Months