A report from Glassnode suggests Bitcoin long-term holders have already realized more profit this cycle than in most of the previous ones.

Bitcoin Long-Term Holder Profit-Taking Could Hint At Late-Stage Bull Phase

In its latest weekly report, on-chain analytics firm Glassnode has discussed how the cumulative profit taken by the long-term holders (LTHs) has looked in the current cycle so far.

The 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 move/sell them in the future. As such, the LTHs with their relatively long holding time are made up of the diamond hands of the market.

Though while this cohort does tend to sit silent for long stretches, it

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