On-chain data shows the recent Bitcoin HODLer profit-taking spree is driven by buyers from the last cycle, unlike the November-December peaks.

Bitcoin Long-Term Holder Realized Profit Has Seen A Slowdown This Month

In a new post on X, on-chain analytics firm Glassnode has talked about the trend in the Realized Profit of the Bitcoin long-term holders. The long-term holders (LTHs) refer to the BTC investors who have been holding onto their coins for more than 155 days.

Statistically, the longer a holder keeps their coins dormant, the less likely they are to transfer or sell them in the future. As such, the LTHs with their long holding times represent the resolute side of the sector. That said, while it’s true that the cohort is made up of diamond hands, it doesn’t mean that its m

See Full Page