BTC Cycle Cycle: Long-term holders' chip floating profit ratio surges, a huge pit is coming?
CryptoChan2024/11/18 10:27
By:CryptoChan
From the on-chain data, the high point of #BTC's price is closely related to the distribution of floating profit chips by long-term holders (holding coins for more than 155 days without movement). The chart shows that during the historical bull market (such as 2012-2013, 2016-2017, and 2020-2021), the floating profit ratio increased significantly, and a "huge pit" formed after the price peaked (indicated by the red arrow). Currently, as the cycle of 24-25 years approaches, the floating profit chip ratio has risen again. Does this indicate a new round of distribution and market adjustment? Pay attention to the on-chain trends, history may be repeating itself!

0
1
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!
You may also like
Bitcoin treasuries add 630 BTC while ETFs shed $300M as price ranges
Cointelegraph•2025/08/05 14:20
Will XRP repeat its 70% rally? Price nears classic fractal breakout
Cointelegraph•2025/08/05 14:20
Shiba Inu Whale Outflows Surge 12,887% Amid Price Rejection and Market Uncertainty
Coinotag•2025/08/05 13:45

XRP Technical Patterns Suggest Possible Rally Toward $3.75–$4 Amid Growing XRPL Adoption
Coinotag•2025/08/05 13:45

Trending news
MoreCrypto prices
More
Bitcoin
BTC
$112,801.3
-1.67%

Ethereum
ETH
$3,565.72
-1.97%

XRP
XRP
$2.97
-2.24%

Tether USDt
USDT
$0.9999
-0.04%

BNB
BNB
$747.53
-1.80%

Solana
SOL
$164.06
-0.75%

USDC
USDC
$0.9999
-0.02%

TRON
TRX
$0.3310
-0.18%

Dogecoin
DOGE
$0.1989
-2.50%

Cardano
ADA
$0.7248
-3.02%
How to sell PI
Bitget lists PI – Buy or sell PI quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now