Summary
- It was reported that Bitcoin investors' unrealized profits have surged to $1.2 trillion.
- There is an opinion that strong selling pressure could occur if the market trend changes.
- It was reported that Bitcoin is trading at $108,290, down 0.65% from 24 hours ago.
There is an opinion that Bitcoin (BTC) investors’ unrealized profits have risen sharply, potentially leading to strong selling pressure in the future.
On the 8th (local time), Cointelegraph stated via X (formerly Twitter), "The unrealized profits of Bitcoin investors total $1.2 trillion (approximately ₩1,643 trillion)," and, "If the market trend changes, there could be strong selling pressure."
As of 5:53 p.m., based on the Binance USDT market, Bitcoin is trading at $108,290, down 0.65% from 24 hours ago.
Son Min
sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit
