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The unrealized profit rate for long-term BTC holders is 0.74, lower than previous highs
Bitget2024/12/02 01:00
According to data from Rafael, co-founder of Glassnode, the Relative Unrealized Profit of long-term Bitcoin holders is currently at 0.74, significantly lower than the overheated levels seen in previous cycles. This suggests that there is still room for growth in the current market, and market participants are closely watching whether this indicator will break through 0.9 and higher levels.
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