On February 19, 2013, the BTC upper limit was reduced to 0.352;

On April 26, 2017, the BTC upper limit was reduced to 0.352;

On December 17, 2020, the BTC upper limit was reduced to 0.351;

Currently, the BTC upper limit has been reduced to 0.352.

The upper black line in the figure is the BTC price; the lower upper limit is the ratio of the average cost price of BTC short-term holders to the average cost price of BTC long-term holders.

Note: The average cost price of BTC short-term holders refers to the average purchase price of BTC with an unmoved connection time of <span days; the average cost price of BTC long-term holders refers to the average purchase price of BTC with an unmoved connection time of >155 days.