{"id":51809,"date":"2026-09-25T13:18:01","date_gmt":"2026-09-25T13:18:01","guid":{"rendered":"https:\/\/cryptomag.finance\/?p=51809"},"modified":"2026-09-25T13:18:01","modified_gmt":"2026-09-25T13:18:01","slug":"mitchell-askew-explains-what-15m-inactive-btc-means-for-bitcoins-next-move","status":"publish","type":"post","link":"https:\/\/cryptomag.finance\/?p=51809","title":{"rendered":"Mitchell Askew Explains What 15M Inactive BTC Means for Bitcoin\u2019s Next Move"},"content":{"rendered":"<p><a rel=\"nofollow\" href=\"https:\/\/bitcoinmagazine.com\/\">Bitcoin Magazine<\/a><br \/>\n<img decoding=\"async\" src=\"https:\/\/bitcoinmagazine.com\/wp-content\/uploads\/2026\/09\/On-Chain-Data-Shows-Bitcoin-Sellers-Are-Exhausted-%E2%80%93-Whats-Next-w-Mitchell-Askew-.jpg\" \/><br \/>\n<a rel=\"nofollow\" href=\"https:\/\/bitcoinmagazine.com\/videos\/mitchell-askew-explains-what-15m-inactive-btc-means-for-bitcoins-next-move\">Mitchell Askew Explains What 15M Inactive BTC Means for Bitcoin\u2019s Next Move<\/a><\/p>\n<div><\/div>\n<p class=\"wp-block-paragraph\">Bitcoin is rallying despite a Fed rate hike and the failure of the Clarity Act, and the on-chain data suggests sellers may be nearly exhausted. Mitchell Askew, Head of Blockware Intelligence, breaks down long-term holder supply, which hit an all-time high of 15 million BTC this summer. He explains why so many coins sitting still signals more room for price to run. He also shares what Bitcoin ETF flows reveal about institutional buyers returning to the market.<\/p>\n<p class=\"wp-block-paragraph\">Chapters:<br \/>0:00 Mitchell Askew of Blockware Intelligence on Bitcoin\u2019s Rally<br \/>0:22 Is Bitcoin Selling Pressure Exhausted? Long-Term Holder Supply<br \/>1:36 Bitcoin ETF Flows &amp; Returning Institutional Buyers<br \/>2:36 Why the Four-Year Halving Cycle Is Breaking<br \/>4:06 AI Data Centers Pulling Compute Away From Bitcoin Mining<br \/>5:56 The Hash Rate Bear Market: Should Bitcoiners Worry?<br \/>6:58 Stranded Energy, Global Mining &amp; AI Data Center Arbitrage<br \/>8:12 Why Gen Z Isn\u2019t Buying Homes<br \/>9:58 Will Gen Z Ever Save in Bitcoin?<br \/>11:26 Shallower Drawdowns &amp; the Future of Bitcoin Cycles<\/p>\n<p class=\"wp-block-paragraph\">DISCLAIMER: The views and opinions expressed in this show are those of the participants and do not necessarily reflect the official policy or position of BTC Inc., Bitcoin Magazine, or any affiliated entities. This content is provided for informational and educational purposes only and should not be construed as investment, legal, tax, or accounting advice. Nothing contained in this show constitutes a solicitation, recommendation, endorsement, or offer to buy or sell any securities or financial instruments. Viewers should consult their own advisors before making financial or business decisions.<\/p>\n<p>This post <a rel=\"nofollow\" href=\"https:\/\/bitcoinmagazine.com\/videos\/mitchell-askew-explains-what-15m-inactive-btc-means-for-bitcoins-next-move\">Mitchell Askew Explains What 15M Inactive BTC Means for Bitcoin\u2019s Next Move<\/a> first appeared on <a rel=\"nofollow\" href=\"https:\/\/bitcoinmagazine.com\/\">Bitcoin Magazine<\/a> and is written by <a rel=\"nofollow\" href=\"https:\/\/bitcoinmagazine.com\/authors\/patrickgreen\">Patrick Green<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"<p>Bitcoin Magazine Mitchell Askew Explains What 15M Inactive BTC Means for Bitcoin\u2019s Next Move Bitcoin is rallying despite a Fed rate hike and the failure of the Clarity Act, and the on-chain data suggests sellers may be nearly exhausted. Mitchell Askew, Head of Blockware Intelligence, breaks down long-term holder supply, which hit an all-time high [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":51810,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_exactmetrics_skip_tracking":false,"footnotes":""},"categories":[45],"tags":[],"class_list":["post-51809","post","type-post","status-publish","format-standard","has-post-thumbnail","category-bitcoin"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Mitchell Askew Explains What 15M Inactive BTC Means for Bitcoin\u2019s Next Move - Cryptomag<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptomag.finance\/?p=51809\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Mitchell Askew Explains What 15M Inactive BTC Means for Bitcoin\u2019s Next Move - Cryptomag\" \/>\n<meta property=\"og:description\" content=\"Bitcoin Magazine Mitchell Askew Explains What 15M Inactive BTC Means for Bitcoin\u2019s Next Move Bitcoin is rallying despite a Fed rate hike and the failure of the Clarity Act, and the on-chain data suggests sellers may be nearly exhausted. Mitchell Askew, Head of Blockware Intelligence, breaks down long-term holder supply, which hit an all-time high [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/cryptomag.finance\/?p=51809\" \/>\n<meta property=\"og:site_name\" content=\"Cryptomag\" \/>\n<meta property=\"article:published_time\" content=\"2026-09-25T13:18:01+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/bitcoinmagazine.com\/wp-content\/uploads\/2026\/09\/On-Chain-Data-Shows-Bitcoin-Sellers-Are-Exhausted-%E2%80%93-Whats-Next-w-Mitchell-Askew-.jpg\" \/>\n<meta name=\"author\" content=\"Crypto Magazine\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cryptomagz\" \/>\n<meta name=\"twitter:site\" content=\"@cryptomagz\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Crypto Magazine\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/cryptomag.finance\\\/?p=51809#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/cryptomag.finance\\\/?p=51809\"},\"author\":{\"name\":\"Crypto Magazine\",\"@id\":\"https:\\\/\\\/cryptomag.finance\\\/#\\\/schema\\\/person\\\/f749cd846c4f13ef717c12a20ce9d040\"},\"headline\":\"Mitchell Askew Explains What 15M Inactive BTC Means for Bitcoin\u2019s Next Move\",\"datePublished\":\"2026-09-25T13:18:01+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/cryptomag.finance\\\/?p=51809\"},\"wordCount\":298,\"image\":{\"@id\":\"https:\\\/\\\/cryptomag.finance\\\/?p=51809#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/cryptomag.finance\\\/wp-content\\\/uploads\\\/On-Chain-Data-Shows-Bitcoin-Sellers-Are-Exhausted-E28093-Whats-Next-w-Mitchell-Askew-ekGHIm.jpg\",\"articleSection\":[\"Bitcoin\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/cryptomag.finance\\\/?p=51809\",\"url\":\"https:\\\/\\\/cryptomag.finance\\\/?p=51809\",\"name\":\"Mitchell Askew Explains What 15M Inactive BTC Means for Bitcoin\u2019s Next Move - 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