If we are holding on to our bitcoins for a long time does that mean someone with a bigger sack is taking advantage and selling or taking their profits when price goes up at the expense of its hodlers?? I doubt  it, people keep practicing the buy low and sell high concept over and over and I can tell you it's much more profitable than being a hodler as you can take profits on several occasions. And I think we have more hodlers today than we had back in the day because the volatility seems to have lowered down.