CoinInsight360.com logo CoinInsight360.com logo
America's Social Casino

crypto.news 2025-07-02 09:56:07

Bitcoin investors sit on $1.2 trillion in profits as HODLing dominates: Glassnode

Bitcoin recently climbed back above $107,000, after a brief pullback triggered by geopolitical tensions. The rebound has put majority of investors in the green, but recent data suggests little appetite for selling According to a July 1 Glassnode report , Bitcoin ( BTC ) investors are sitting on $1.2 trillion in unrealized profits. This figure comes from the gap between Bitcoin’s $2.1 trillion market cap and its $955 billion realized cap, a metric that values each coin at the last time it moved. The trend is largely driven by long-term holders, who now control a record 14.7 million BTC, reinforcing the idea that most investors are simply not interested in selling at current prices. Daily profit-taking among investors has also cooled to under $900 million, significantly below the $2.8 billion and $3.2 billion levels seen during previous peaks. Bitcoin’s unrealized profit/loss chart |Source: Glassnode Despite last weekend’s drop from $106K to $99K during the Israel-Iran tensions, positive sentiment did not shake. Bitcoin bounced off the short-term holder cost basis of $98.3K, a key support level that often signals broader market direction. The quick recovery held up the positive momentum, keeping most investors in profit. You might also like: Bitcoin breaks through $107,000, is the stagnant period over? On-chain records also support the HODLing narrative. The Liveliness metric, which compares spending to holding activity, has continued to decline, a sign that more assets are being held than moved. Similarly, the Sell-Side Risk Ratio has dropped off, showing that realized profit and loss-taking is minimal despite the high prices. Meanwhile, stablecoin data paints a picture of a balanced market. Buying power looks steady, with no major inflows or signs of panic. Glassnode’s analysis shows that traders view the current price range as fair value, with little urgency to chase higher or dump holdings. Institutional interest also remains strong. U.S.-listed spot Bitcoin ETFs have continued to attract consistent inflows , with a recent seven-day average of $298 million. The increasing demand adds buying pressure and acts as a tailwind for BTC’s growing $2 trillion market cap. At the time of writing, BTC is trading just above $107,600, showing a modest uptick over the past 24 hours. Read more: US Bitcoin ETFs end 15-day inflow streak as BTC price faces bearish momentum

Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.