Svmuu News: Crypto research firm K33 reports that the supply of Bitcoin held by long-term holders has reached an all-time high, suggesting that the bear market may be nearing its end.K33 noted that activity surrounding the reactivation of dormant Bitcoin tokens has been notably subdued in 2026; as of June 6, only 218,421 tokens had been reactivated, indicating a significant easing of on-chain selling pressure. By comparison, 1.18 million Bitcoin tokens had been reactivated during the same period in 2024.K33 believes that the decline in old-coin activity indicates reduced willingness to sell among long-term holders, with patient participants continuing to absorb the supply. (The Block)