ARK Invest reports that Bitcoin fell in Q2, with long-term holders holding record high positions

ARK Invest released its Q2 2026 Bitcoin report, stating that Bitcoin fell about 14% in the second quarter, falling below the short-term holder realized price, 200 day moving average, and on chain average. The proportion of loss making supply has risen to about 54%, and the supply of long-term holders has reached a historical high of about 14.85 million BTC. Bitcoin has not yet fallen back to the on chain cost range of approximately $49000 to $53000. The US spot Bitcoin ETF had a net outflow of approximately 71000 BTC in Q2, and Strategy's STRC preferred stock fell to as low as $74.57.