#XSuperApp Bitcoin (BTC) holders, particularly long-term holders (LTHs), are currently experiencing significant profits. On-chain data indicates that a large percentage of BTC addresses are "in profit," meaning their current holdings are valued above their acquisition cost.
Long-term holders, defined as those holding BTC for over 155 days, have realized substantial daily profits, with some reports showing figures around $930 million per day. This profit-taking is occurring even as the overall supply held by LTHs continues to grow, a unique dynamic suggesting that new coins are maturing into long-term status at a rate that outweighs selling pressure.
While the market experiences volatility and geopolitical concerns, the muted profit-taking by short-term holders indicates confidence in the broader trend. Historically, when over 85-90% of Bitcoin supply is in profit, it can signal a potential euphoric phase followed by corrections. However, current data suggests sustained accumulation, hinting at an eventual breakout once macroeconomic conditions stabilize.
