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Bitcoin Whales May Dump Their Holdings, Leading To Price Volatility: Report
Tuesday, October 3, 2023 - 12:35pm | 556Long-term holders of Bitcoin (CRYPTO: BTC), along with a significant portion of short-term holders, are showing tendencies to retain their assets for extended durations. This indicates that so-called whale investors, those who have maintained large Bitcoin reserves inactive for prolonged periods,...
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Bitcoin Hodlers Rejoice: Long-Term Owners Are Finally Profiting Says Analytics Firm
Friday, April 28, 2023 - 10:03am | 387Data from blockchain analytics firm Glassnode revealed long-term holders ("hodlers") of Bitcoin (CRYPTO: BTC) are currently profitable, marking the first time in nearly a year. Glassnode's seven-day average of Bitcoin's long-term holder spent output profit ratio (LTH-SOPR)...