K33 reports that Bitcoin is currently experiencing a long-term investor holding rate of 79%, the highest in history. This is a signal that the research firm believes could indicate easing selling pressure and that the bearish cycle may be nearing its end.
In its market report, K33 stated that Bitcoin has rebounded after two weeks of double-digit declines. The firm's data shows that the amount of Bitcoin reactivated from older coins in 2026 is very low, at 218,421 BTC as of June 6th.
K33 argues that the reduced movement of older coins indicates that long-term investors are no longer willing to sell as much as before. According to research leader Vetle Lunde, the new supply is being gradually absorbed by more patient parties in the market.
The company also highlighted that the 2024-2025 period saw many long-standing Bitcoins brought back into circulation and sold off when prices reached new highs. Conversely, the current pace of activity is XEM significantly weaker, reducing selling pressure on the chain.
