Odaily Planet Daily reports that crypto research firm K33 says the supply of Bitcoin held by long-term holders has reached a new all-time high, suggesting the bear market may be nearing its end. K33 notes that reactivation activity of old coins in 2026 has been significantly muted, with only 218,421 Bitcoins reactivated as of June 6, indicating a substantial reduction in on-chain selling pressure; in comparison, 1.18 million Bitcoins were reactivated during the same period in 2024. K33 believes the decline in old coin activity reflects reduced willingness among long-term holders to sell, as patient participants continue to absorb supply. (The Block)
K33: Long-Term Bitcoin Holders Reach All-Time High; Bear Market May Be Coming to an End
KuCoinFlashShare
Summary
Bitcoin analysis from K33 shows that long-term holders now control a record amount of Bitcoin, signaling a possible end to the bear market. As of June 6, 2026, only 218,421 BTC were reactivated, a sharp decline from 1.18 million BTC during the same period in 2024. Bitcoin news from the firm highlights that reduced activity from older coins indicates weaker selling pressure, as patient investors gradually absorb supply.
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.