PANews reported on December 2 that according to data from glassnode co-founder Rafael, the relative unrealized profit rate of long-term Bitcoin holders is currently 0.74, significantly lower than the overheated level in previous cycles. This shows that the current market still has room to rise, and market participants are closely watching whether the indicator will break through 0.9 and above.
The relative unrealized profit rate of BTC long-term holders is 0.74, which is lower than the previous high.
- 2024-12-02
Four asset management companies have submitted applications to the US SEC, planning to launch Bitcoin ETFs with different levels of protection
- 2024-12-02
Bitcoin spot ETFs saw a net outflow of $138 million last week, while BlackRock ETFs saw a net inflow of $405 million against the trend
- 2024-12-02
OSL Trading Moments: XRP hits a 7-year high, BTC’s position as a wealth preservation tool is increasingly consolidated
- 2024-12-02
Michael Saylor says he is confident he can convince Buffett to buy Bitcoin with Berkshire's $325 billion in cash
- 2024-12-02
A whale deposited 1,000 BTC worth about $97.5 million to Binance in 4 hours
- 2024-12-02
Michael Saylor Suggests Microsoft to Adopt Bitcoin as Core Corporate Strategy