Analytics Platform Glassnode says that one Bitcoin -Investment der cohort suddenly sells the most BTC for achieved profit.
According to the analysis platform, those who hold Bitcoin are abruptly for between six and 12 months lock In massive profits with a rate that exceeds all other cohorts, with a profit of $ 904 million on Monday.
“Last week we emphasized how BTC portfolios who held up for more than 12 months were the primary profit celebrations.
But that trend has now turned around. [On Monday]: Cohorten of less than 12 months accounted for 83% of all profit realized. For six to 12 months alone, holders realized $ 904 million on the second highest daily profit year to date. “
Glass node out The same cohort of six to 12 months of investors yielded more profit two months ago.
“Buyers from the middle cycle (six-12 months) were increased on June 16 with $ 904 million in realized profits. That is just behind the top of April in terms of daily profit and shows that Q4’24 buyers are now spread heavily.”
The analysis company out That the sale of Bitcoin for a profit delays for long-term BTC holders.
“In the meantime, more than 12 months of holders only realized $ 324 million, a remarkable decrease in the relentive profit realization in May or even the peak of the past week of around $ 1.2 billion.
Bottomline: seasoned BTC holders are going back for the time being – and newer coins are now selling floating market pressure. “
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Credit : dailyhodl.com
