Cathie Wood's Ark Invest: Bitcoin's Fundamentals Remain Strong as Short Term Holders Show Signs of Capitulation - Report 16

Ark Invest's "Bitcoin Monthly" report authored by CEO Cathie Wood and other ARK Invest analysts provides a crypto market summary and details of relevant on-chain activity.

According to the report, 'hodlers' are stronger than ever, as 66% of Bitcoin's supply has not moved over a year as demonstrated in the graph below. This shows the market's longer-term focus and a current holder base with stronger conviction.