In the last five days, Bitcoin
increased from $ 116,000 to just over $ 122,000 before retiring around current $ 119,000. Despite this price movement, taking profits has remained in a mute, with an average of less than $ 750 million per day on an up -to -date year.
For the prospect, Glassnod data shows that in January, the benefits made of daily life were around $ 2 billion, with similar points in July, when Bitcoin reached its $ 123,000 summit.
The beneficiary metric made of Glassnode measures the total benefit of all the documents spent where the sale price has exceeded the acquisition price. When it is broken down by long -term holders (LTH) and short -term holders (STH)It offers a more granular vision of market behavior. This classification is based on the weighted average acquisition date, the LTH Supply defined as assets of more than 155 days.
The data reveal that the LTHs have always achieved much more benefits than the STH. An exception occurred in July, when SH realized that the benefits increased while Bitcoin has reached its top of all time. Many of these short -term gains probably came from investors who bought when the “price” of walking fell when Bitcoin fell to $ 76,000.
The low current level of carrying out profits made, in particular compared to previous market peaks, is encouraging for optimistic perspectives of Bitcoin. This suggests that long and short -term holders are largely abstaining to lock the gains despite recent price increases. If this trend persists, it could offer the market the stability and the momentum necessary to push to new heights of all time.
