Huoxing Finance reports that, on May 21, according to OnChainMind monitoring, Bitcoin's "ancient supply" (wallets holding coins for 5, 7, and 10+ years) has ceased moving following increased activity after the ETF launch and during the price peak, forming a historic silence. Analysis suggests this condition commonly occurs at the bottom of deep bear markets.
Bitcoin's 'Ancient Supply' Goes Silent, Suggesting Characteristics of a Deep Bear Market Bottom
MarsBitShare
Summary
Bitcoin news from May 21, 2026, reveals that the 'ancient supply'—wallets holding Bitcoin for 5, 7, or 10+ years—has gone silent following recent activity during the ETF launch and peak price levels. OnChainMind noted this historical silence, a pattern commonly observed at the bottom of deep bear markets. MarsBit’s Bitcoin analysis underscores the significance of this trend for market participants.
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