An exchange: Bitcoin long-term holders have floating profits of about 64%, while recent buyers only have floating profits of 9%.
BlockBeats News, October 15 — An exchange stated that the average holding cost for long-term Bitcoin holders is around $49,300, with an unrealized profit of approximately 64% at present; the average cost for recent buyers is about $74,400, and their unrealized profit is only about 9%.
The exchange pointed out that if BTC prices fall further, recent buyers may face greater selling pressure first. In contrast, long-term holders have a larger unrealized profit buffer.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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