Data: BTC Holders Realize Over $1 Billion in Profits in the Past 24 Hours
Foresight News reports that, according to an analysis posted by glassnode, BTC holders realized over $1 billion in profits in the past 24 hours. Of this amount, $362 million (approximately 35.8%) came from "old bitcoins" held for 7 to 10 years—a rare occurrence that may indicate internal transfers or genuine cashing out. Additionally, $93 million in profits came from investors who held for 1 to 2 years, also signaling significant profit-taking.
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.
You may also like
Powell: Bond purchases may remain at high levels in the coming months
Chris Anstey: The Federal Reserve will launch Treasury purchases to address liquidity tightening
Powell: Strong consumer spending, AI data centers support corporate investment
Peter Cardillo: The FOMC statement is dovish but cautious
