Bitcoin News
By Steven Anderson
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Who Are Bitcoin’s Long-Term Holders?. In the crypto market, the term long-term holders (LTHs) refers to investors who have held their…
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Glassnode’s Realized Profit Indicator. To track this behavior, Glassnode uses the Realized Profit indicator, which measures the amount of…
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Why This Matters for the Current Cycle. The key insight from this data is that Bitcoin’s present cycle may already be in an extreme or…
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Comparing Current Cycle With Past Bull Runs. From Glassnode’s charts, it’s clear that this cycle’s LTH profit-taking is unusual in both scale…
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Bitcoin Supply in Profit Supports the Case. Another supporting metric is Percent Supply in Profit, which tracks how much of the circulating…
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Could This Cycle Be Different?. Despite the data hinting at late-cycle dynamics, some analysts caution that this bull run may not…
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What This Means for Investors. For retail and institutional investors alike, the data offers both warning signs and opportunities.
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Conclusion. Glassnode’s analysis reveals that Bitcoin long-term holders have already realized record-breaking…
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A new report from on-chain analytics firm Glassnode suggests that long-term Bitcoin holders (LTHs) have already locked in more profits this cycle than in most previous cycles.
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While LTHs are famous for holding through volatility, history shows that they eventually realize profits once gains grow too tempting to resist.
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The firm highlights that cumulative LTH profit-taking in the current cycle has already reached 3.27 million BTC.
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However, the sustainability of such a phase depends on one critical factor: demand inflows. As long as enough new capital enters the market to absorb selling pressure, Bitcoin…
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2017 cycle – marked the all-time high of LTH profit realization.
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2021 cycle – saw significant profit-taking but still less than today.
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Current 2025 cycle – already outpaced nearly all others, with only 2017 higher.
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