If this isn't some extreme form of holding, I wonder what it is then. According to the Twitter handle of
Bitcoin Archive, 412Bitcoin worth $9.6m was moved from an address that was dormant for 11years. That means the owner just bought and "forgot" it there. While for some of us who have been holding for the past 3 months, it's seems like a century.This is gentle nudge that if someone has done it then you can(that is, if this is your goal).
How long do you think you can hold?
At first glance this may look like an extreme case of buying early and holding for a long time, I'm not so sure. There are probably a lot of people who use their Bitcoin on a last in first out basis. I suspect that is what happens when we hear stories like this. The owner of that address probably kept stacking BTC for a long time after getting those funds. This to me is a sign that the user has exhausted the rest of their coins and are resorting to moving coins from old wallets, or perhaps it was a form of proof of funds for some sort of loan or other business arrangement. I think the odds that someone made a purchase, forgot about it for 11 years, and then decided to sell it now are very low.