Long-term holding activity remains strong through the end of 2024, according to the latest data from ARK Investment Management, which shows that 62 per cent of bitcoin supply has not moved in the past year. More specifically, holding for more than 2 years accounted for 53%, more than 3 years accounted for 45%, more than 5 years accounted for 30%, more than 7 years accounted for 23%, more than 10 years accounted for 17%, more than 15 years accounted for 5%. ARK investment is bullish on this.