On December 7th, PANews reported that over the past three years, a new generation of "hodlers" has emerged in the Bitcoin market due to persistent investors refusing to sell their Bitcoin. Data shows that the proportion of tokens that have not moved in two to three years has significantly increased in the overall supply since the bear market hit bottom at the end of 2022. In December of last year, this group of investors accounted for about 8% of the total supply, but now the proportion has exceeded 15%. Currently, those who purchased BTC between December 2020 and December 2021 have resisted the urge to sell for large profits, despite Bitcoin's 165% increase in value this year.