Bitcoin's price continued to trade above $43,000 on Tuesday as it continued a rally that's pushed the digital asset up more than 10% over the past week. 

The largest digital asset by market capitalization has increased by over 0.5% in the past 24 hours and was changing hands for $43,507 at 12:00 p.m. ET, according to The Block data.

The majority of long-term bitcoin investors remain unwilling to part with their coins at current prices, according to Glassnode analysts.

Glassnode's market report released on Tuesday stated that the vast majority of bitcoin holders, "appear to be calmly riding the market waves."

In reference to the bitcoin supply last active metric, which measures the proportion of the circulating supply of BTC held for multi-year time horizons, the analysts said …