Bitcoin Long-Term Holders Seeing Increased Profitability Amidst Market Stabilization

New data from Glassnode suggests that Bitcoin investors who have held their assets for 3 to 6 months are experiencing significant increases in profitability. These long-term holders, who initially purchased Bitcoin at higher price levels, display a strong commitment to holding rather than selling amidst market volatility. Their extended holding periods coincide with a notable decrease in trading activity among these investors since June 2021, which indicates a more cautious approach to the market.