According to the latest data, Bitcoin investors realized over $1 billion in profits in the past day, with long-term holders standing out particularly. A report from a data analysis agency pointed out that seasoned investors who have held Bitcoin for 7 to 10 years (commonly known as 'OG Whales') contributed 35.8% of this massive profit, amounting to approximately $362 million.



This phenomenon has attracted widespread attention in the market, as it is not common for such a large-scale long-term holder to realize profits. Analysts believe this may indicate a reallocation of internal funds, or it could be that some long-term investors are choosing to cash out. In any case, this reflects that the Bitcoin market is undergoing some significant changes.

It is worth noting that mid-term investors have also obtained considerable profits in this wave of market movement. Investors with a holding period of 1 to 2 years have achieved approximately $93 million in profits, which indicates that investors with different holding periods have found profit opportunities in the current market.

This series of data reveals the diversified characteristics of the Bitcoin market, which includes both steadfast long-term holders and flexible medium- to short-term investors. As Bitcoin prices fluctuate, the investment strategies and profit models of different groups are constantly evolving, providing us with valuable insights into the dynamics of the cryptocurrency market.
BTC-0.3%
OG35.26%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 5
  • Repost
  • Share
Comment
0/400
BearMarketSurvivorvip
· 08-06 16:06
How did I lose it again?
View OriginalReply0
AirdropBlackHolevip
· 08-06 14:48
Fat sheep are being slaughtered!
View OriginalReply0
LiquidityHuntervip
· 08-06 14:41
The cash-out ratio is 35.8%... liquidity depth is fluctuating significantly.
View OriginalReply0
StopLossMastervip
· 08-06 14:39
Whether to play people for suckers or not is all in a moment's thought.
View OriginalReply0
Layer2Arbitrageurvip
· 08-06 14:27
ran the numbers... whale exits showing clear arb opportunities across bridges rn
Reply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)