Bitcoin Long-Term Holders Drive $1 Billion Per Day in Profit

A recent analysis from on-chain analytics firm Glassnode reveals a significant trend: long-term Bitcoin investors are reaping substantial profits, reaching over $1 billion in realized gains per day. This surge signifies a confluence of factors contributing to market activity and investor behavior. 12-month holding periods have translated into impressive profits, highlighting the impact of patient accumulation during various market cycles. Glassnode’s data sheds light on this phenomenon, offering insights for investors navigating the volatile cryptocurrency landscape.