Bitcoin profit-taking hits $2B daily from new investors

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Bitcoin long-term holders need more than a 10% dip from all-time highs to sell BTC en masse, Glassnode said.

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 LTHs “potentially waiting for higher prices”


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The price rebound has also increased interest among future traders betting on Bitcoin’s near-term price movements.

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