Bitcoin $2B daily profit-taking involves mostly new hodlers — Research

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

Bitcoin (BTC) long-term holders have 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 investors have seen unrealized profits soar across the board during the BTC price surge to near $100,000. 

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