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?
Some people who hold for a very long time didn't do that om purpose. It could be that they forgot their keys or they forgot that had an investment and later recovered when the price is very high.
While some knows they have investments and decided to hold it for a very long time and those are the extreme holders. I don't intend to hold for ever. I will sell when I need money or when there is a major all time high.
Most of the holders are already tempted to sell bitcoin way back when it reached its ATH while its price was constantly dropping. If they still had the keys, but they forgot them and later discovered it after like 11 years, then that is the possibility they sold it immediately. Even myself in the past ATH, I am sure I am really tempted to sell it since I bought it cheaper which you will gain massive profit that time, but if you lost your private key, then you have no choice but to continue holding and hoping to recover it.