tldr; Bitcoin investors realized $3.5 billion in profits within 24 hours as BTC hit new all-time highs, according to Glassnode. Long-term holders, defined as those holding BTC for over 155 days, accounted for 56% of the profits, while short-term holders took 44%. Retail investors are showing signs of renewed accumulation, with smaller wallets increasing their holdings. Despite setting new USD highs, Bitcoin remains below its all-time highs in terms of gold and the Swiss franc. BTC was trading at $117,915 at the time of reporting.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
partymsl on
Thankfully they realized them… remember folks to actually take some profits as we go along.
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tldr; Bitcoin investors realized $3.5 billion in profits within 24 hours as BTC hit new all-time highs, according to Glassnode. Long-term holders, defined as those holding BTC for over 155 days, accounted for 56% of the profits, while short-term holders took 44%. Retail investors are showing signs of renewed accumulation, with smaller wallets increasing their holdings. Despite setting new USD highs, Bitcoin remains below its all-time highs in terms of gold and the Swiss franc. BTC was trading at $117,915 at the time of reporting.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
Thankfully they realized them… remember folks to actually take some profits as we go along.