Bitcoin Holders Show Increased Profitability as Long-Term Holding Trends Emerge

According to Foresight News, data from Glassnode indicates that Bitcoin holders who have maintained their assets for 3 to 6 months are experiencing significant profitability growth. These investors, who initially purchased Bitcoin at higher price levels, are demonstrating a commitment to holding rather than selling in panic as their holding period extends. Additionally, the trading activity among these 3 to 6-month holders has reached its lowest point since June 2021. Meanwhile, new large-scale investors, known as 'whales,' continue to retain their holdings instead of selling. These behaviors collectively contribute to the stabilization of Bitcoin's price.