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Bitcoin supply nears limit; wealthy may struggle to own full coin as 10-20% are lost, says ex-Binance CEO CZ.

Market News
16 Aug 2026
Blockonomi
View Source
Neutral
Bitcoin supply nears limit; wealthy may struggle to own full coin as 10-20% are lost, says ex-Binance CEO CZ.

Former Binance CEO Changpeng Zhao (CZ) highlighted that Bitcoin's circulating supply has reached over 20.07 million out of the 21 million maximum, leaving less than 5% available. He estimates that 10-20% of all mined Bitcoin are permanently lost due to inaccessible wallets, further tightening supply. With 23.6 million millionaires in the U.S. alone, CZ suggests many wealthy individuals may be priced out of owning a complete Bitcoin. Meanwhile, Binance announced restrictions on transactions with 16 exchanges due to sanctions, reflecting growing regulatory pressures on the crypto market.

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