100% Bitcoin long-term hodlers are now in profit as BTC crosses $71K

100% of long-term Bitcoin holders, those holding for over 155 days, are now carrying unrealized profits as its price exceeds its November 2021 all-time highs.

) long-term holders with unrealized losses have now flipped back into profit again as Bitcoin’s price broke above its November 2021 all-time high.

Glassnode noted that even at $68,000, the total volume of long-term holders at a loss was “negligible,” with approximately 4,900 Bitcoin purchased above the current spot price.in profit. However, come Aug. 13, the 155-day LTH timeframe will include March 11, the day Bitcoin surged to $72,110.Bitcoin is up 10.66% over the past 30 days. Source: CoinMarketCap

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