Bitcoin Long-Term Holders Hit Record 79% Supply Share as Warsh Prepares FOMC Decision

According to K33 Research, long-term Bitcoin holders reached 79% of circulating supply on June 16, a new record high. The report noted that Bitcoin recovered approximately 6% over the past week after two consecutive weeks of double-digit declines, with ETF outflows slowing and market activity retreating to some of the lowest levels this year.

Derivatives markets showed cautious sentiment. CME Bitcoin futures open interest increased by nearly 10,000 BTC but remained below 2024–2025 levels, while perpetual futures funding rates turned negative for a third consecutive day. K33 noted that with Bitcoin's strong correlation to the S&P 500, the upcoming FOMC meeting on June 16–17 under Federal Reserve Chair Kevin Warsh may significantly influence cryptocurrency markets.