Bitcoin STH Whale Profits Hit $10.1 Billion, Highest For The Cycle
PositiveCryptocurrency

Bitcoin short-term holder whales have reached a remarkable milestone, with their unrealized profits soaring to $10.1 billion, the highest for this cycle. This surge follows a recent rally, highlighting the growing confidence among investors in the cryptocurrency market. As these short-term holders, who bought Bitcoin within the last 15 months, see their investments pay off, it signals a potentially bullish trend for Bitcoin's future. This news is significant as it reflects the health of the market and could encourage more investors to enter, further driving up prices.
— Curated by the World Pulse Now AI Editorial System