#NewHighOfProfitableBTCWallets
Currently, almost 100% of Bitcoin wallets are in profit, which means that the majority of holders bought BTC at lower prices than the current value.
What does this mean?
Validation of the long term, those who have held BTC for years are seeing significant benefits.
Historic moment, this is one of the most profitable periods in Bitcoin's history.
Sign of euphoria or warning, while it is positive, it may also indicate a possible future correction, as when everyone is in profit, some may start selling.
Key data:
99.85% of addresses are in profit.
Large flows of USDC to exchanges suggest that there is still interest in buying more BTC.
The SOPR metrics indicate that both recent and long-term holders are not selling aggressively, which reinforces the bullish trend.
🧧🧧🧧🧧🧧🧧🧧🧧🧧🧧
Family, it’s time for the red envelope raffle, comment, like, and share.
Response.: BTC🚀
Image taken from the web
Currently, almost 100% of Bitcoin wallets are in profit, which means that the majority of holders bought BTC at lower prices than the current value.
What does this mean?
Validation of the long term, those who have held BTC for years are seeing significant benefits.
Historic moment, this is one of the most profitable periods in Bitcoin's history.
Sign of euphoria or warning, while it is positive, it may also indicate a possible future correction, as when everyone is in profit, some may start selling.
Key data:
99.85% of addresses are in profit.
Large flows of USDC to exchanges suggest that there is still interest in buying more BTC.
The SOPR metrics indicate that both recent and long-term holders are not selling aggressively, which reinforces the bullish trend.
🧧🧧🧧🧧🧧🧧🧧🧧🧧🧧
Family, it’s time for the red envelope raffle, comment, like, and share.
Response.: BTC🚀
Image taken from the web
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
BTC
109,835.94
-2.67%