Summary
- It has been found that the pressure to realize profits among investors who have held Bitcoin for over one year has significantly decreased.
- Glassnode reported that the realized profits of investors holding Bitcoin for over one year have dropped from $126 million to $13.6 million, marking an 89% decrease.
- Bitcoin is trading at $109,792, up 1.97% from 24 hours ago on the Binance USDT market.
It has been observed that the pressure to realize profits among investors holding Bitcoin (BTC) for over one year has decreased.
On the 10th (local time), Glassnode stated via X (formerly Twitter), "The realized profits of investors who have held Bitcoin for over a year have dropped sharply from $126 million to $13.6 million, an 89% decrease," and noted, "The pressure to realize profits is significantly lower compared to the peak at the end of May."
As of 10:16 PM, Bitcoin is trading at $109,792, up 1.97% from 24 hours ago on the Binance USDT market.
Son Min
sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit![[Exclusive] KakaoBank meets with global custody heavyweight…possible stablecoin partnership](https://media.bloomingbit.io/PROD/news/a954cd68-58b5-4033-9c8b-39f2c3803242.webp?w=250)
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