$3,500,000,000 in Profits Locked In by Bitcoin Investors in Just 24 Hours As BTC Printed New All-Time Highs: Glassnode

Bitcoin investors collectively secured $3.5 billion in profits within a single 24-hour period as Bitcoin reached new all-time high prices. Long-term holders, defined as those holding Bitcoin for at least 155 days, accounted for $1.96 billion of the profit, while short-term holders realized $1.54 billion. Small Bitcoin holders with less than one Bitcoin are starting to buy more Bitcoin again. However, wallets holding between 100-1,000 BTC are selling off the most. Bitcoin has recently hit new all-time high prices in US dollar terms, but hasn't broken it's all-time high against gold and the Swiss franc. Bitcoin is up against gold after performing consistently since June 2022.