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 said.

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

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