Bitcoin Long-Term Holder Supply Hits 15.26M, FOMC Minutes in Focus
Bitcoin (BTC) long-term holder supply has climbed to approximately 15.26 million BTC, the highest since August 2025, according to CryptoQuant analyst Darkfost. Over the past 30 days, these wallets added 316,000 BTC, reversing a trend of selling in late November when 650,000 BTC were shed. The accumulation suggests renewed confidence among investors who bought near the cycle peak six months ago. Separately, 800,000 BTC transferred from Coinbase last year will cross the six-month threshold on May 23, formally entering the long-term holder bucket and potentially boosting on-chain supply readings. Bitcoin trades near $78,047, with exchange flows stabilizing — Coin Bureau notes that narrowing gaps between inflows and outflows, falling reserves, and whale scarcity have historically signaled bottoms since 2019. Markets now await the Federal Open Market Committee (FOMC) minutes from the April 28-29 meeting, due May 20 at 2 p.m. ET. This is the final meeting chaired by Jerome Powell, whose term ended May 15; Kevin Warsh succeeded him after a Senate vote. The minutes will be parsed for shifts in inflation tolerance or forward guidance, as some analysts anticipate a tightening bias and potential rate hikes in coming months. The policy transition could influence risk appetite through summer and affect near-term Bitcoin price action.
Key facts
- Long-term holder supply rises to 15.26M BTC, highest since August 2025.
- LTH wallets added 316,000 BTC in 30 days, reversing November selling.
- 800,000 BTC from Coinbase to become long-term holder supply on May 23.
- Exchange flows stabilize, signaling potential bottom per Coin Bureau analysis.
- FOMC minutes due May 20; Powell's final meeting, Warsh to take over.