While the unrealized profit of long-term Bitcoin (BTC) investors reached 55%, analysts stated that there was a positive atmosphere in the market.
Offered by on-chain analysis platform Glassnode data, of the marketsignificantly positive” at one point he revealed what he was watching. glassnode for at least 1 year Long-term investors holding Bitcoin (LTH) Reached 55% unrealized profit While stating that the marketbelief-denialHe pointed out that he was at the point:
The ratio of unrealized profit and loss held by Bitcoin long-term holders can be measured by LTH-NUPL. The rate in question reached 0.55 (55%) this week. This is significantly positive for the market and leaves the average long-term investor facing a 55% unrealized profit.
According to the data, this is the last period in which long-term Bitcoin holders made profits from there. Before the Terra (LUNA) ecosystem collapsed It was the beginning of the first quarter of 2022. This level also in August 2020the first time meme coins tiktok videos and reddit It was recorded when it was introduced through and experienced great increases.
On the other hand, some long-term Bitcoin owners take advantage of this profitable situation. sales realized. Bitcoins for long-term investors From November 2023 almost since 75,000 BTC showed a decrease.
