Bitcoin Profit-Taking Slows as Long-Term Holders Hold Steady in August

Bitcoin Profit-Taking: Holders' Unwavering Conviction Despite Surges

BitcoinWorld Bitcoin Profit-Taking: Holders’ Unwavering Conviction Despite Surges The cryptocurrency world often buzzes with news of volatile price swings and rapid gains. However, a fascinating trend has emerged recently regarding Bitcoin profit-taking. Despite significant price surges, Bitcoin holders are showing remarkable restraint, choosing to hold onto their digital assets rather than cashing out en masse. This behavior signals a potential…

Bitcoin Investors Reap Profits While Prices Hold Steady at $

The Glassnode report shows extensive profit-taking by investors as Bitcoin stabilizes. Short-term investors play a big role in profit realization at peak levels. Continue Reading:Bitcoin Investors Reap Profits While Prices Hold Steady at $120,000 The post Bitcoin Investors Reap Profits While Pri...

Bitcoin Profit-Taking Slows as Long-Term Holders Hold Steady in August

The pace of profit-taking by veteran Bitcoin (BTC) holders has cooled off in August as they resist selling, signaling a shift in market dynamics after a record-breaking July. Data shared by on-chain analytics platform Glassnode shows realized profits by long-term holders, measured over a seven-day moving average, have dipped sharply from July’s $1 billion per day streak, which had marked one of the heaviest selling periods in the asset’s history…