Bitcoin Investors Realize $3.5 Billion in Profits Over 24 Hours

Source
Son Min

Summary

  • Glassnode reported that Bitcoin investors realized $3.5 billion in profits in the past 24 hours.
  • This round of profit-taking is the largest movement of the year, with a notably high share of long-term holders selling.
  • Long-term Bitcoin holders realized $1.96 billion in profits, while short-term holders realized $1.54 billion.

Analysis shows that Bitcoin (BTC) investors have realized $3.5 billion in profits over the past 24 hours.

On the 15th (local time), Glassnode posted on X (formerly Twitter), stating, "Over the past 24 hours, Bitcoin investors have realized $3.5 billion in profits," adding, "This is the largest profit-taking movement so far this year, with a particularly high ratio of long-term holders selling."

According to the data, long-term Bitcoin holders realized $1.96 billion in profits, while short-term holders realized $1.54 billion.

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Son Min

sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit
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