15-17 years

From 2015 to 2017, the floating profits of short-term holders on the Bitcoin chain lasted for about two and a half years

From 2023 to now, the floating profits of short-term holders on the Bitcoin chain have lasted for about two years and one month

The black line in the figure is the BTC price; the orange line is the ratio of the Bitcoin market price to the average chip cost of short-term holders on the Bitcoin chain (holding coins <span days), the ratio > 1 floating profit; <span floating loss; = 1 break-even