Bitcoin holders will cost $1.2 trillion in paper profits

Bitcoin investors currently hold an estimated $1.2 trillion in unrealized profits, according to the on-chain analytics platform GlassNode. This key figure highlights the paper profits accumulated by long-term holders as Bitcoin continues to trade near record highs. Bitcoin Investor Base will move from traders to long-term institutional allocators GlassNode data reveals that the average unrealized [...]

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from btc-news https://btc-news.today/bitcoin-holders-will-cost-1-2-trillion-in-paper-profits/
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