K33: Long term holders hold a record high supply of Bitcoin

According to The Block, K33 reported that the supply of Bitcoin held by long-term holders has reached a historic high, and the activation rate of old coins in 2026 is at a low level. On June 6, only 2184210 Bitcoin were reactivated, which is only higher than the 70600 Bitcoin in 2012. On June 6, 2024, 1.18 million Bitcoin were reactivated, and the decline in old coin activity reflects a decrease in the intention of long-term holders to sell.