On-chain data shows a Bitcoin wallet has suddenly moved coins dormant for 10.8 years. Here’s how much profit it made on its investment.
On-chain data reveals what percentage of the entire Bitcoin userbase is still carrying a profit following the latest crash in the asset’s price.
On-chain data shows the Bitcoin Supply in Profit has taken a significant hit following the crash the cryptocurrency has seen recently.
On-chain data shows the early Bitcoin miners have participated in a large amount of profit-taking inside the recent price range of the asset.
Based on on-chain data, here’s how much unrealized profit the various Bitcoin whale and miner groups are holding right now.
On-chain data shows the newbie Bitcoin whales hold an all-time high amount of unrealized profit following the latest rally in the asset to $60,000.
On-chain data shows the Bitcoin Supply in Profit has neared the 95% mark during the latest rally, which could signal a top for the asset.
On-chain data suggests Bitcoin has been going through one of its longest profit-taking events in the past five years over the last few months.
On-chain data shows more than 90% of Bitcoin investors are now carrying some profits following the asset’s break beyond the $46,000 mark.
On-chain data from Glassnode shows 96.9% of Bitcoin short-term holders are in profit following the asset’s rally above the $30,000 level.
