BTC $2B profit-taking mostly by newer hodlers

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Bitcoin long-term holders need more than a 10% dip from all-time highs to sell BTC en masse, Glassnode said.

Bitcoin long-term holders locked in over $2 billion in profit in one day — but not everyone is interested in selling BTC.

In the latest edition of its weekly newsletter, “The Week Onchain,” analytics firm Glassnode revealed a split between Bitcoin’s “diamond hands.”

Bitcoin LTHs “potentially waiting for higher prices”


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The price rebound has also increased interest among future traders betting on Bitcoin’s near-term price movements.

The Binance Futures platform shares the same robust infrastructure as Binance's spot trading exchange. Integrating our Cornix trading Bots with your Binance Futures account is quick and easy. Configuration takes only a few minutes, and you never need to grant withdrawal permissions.

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