Data: Bitcoin long-term holders have a floating profit rate of 290%, while short-term holders have a profit of only 9.29%

According to Cointelegraph, Bitbo data shows that long-term Bitcoin holders (holding for more than 155 days) are currently seeing significant profits. With the current Bitcoin price at $94,820, the cost basis for long-term holders is $24,298, resulting in an unrealized gain of 290%. In contrast, short-term holders (holding for less than 155 days) have an average cost basis of $86,753, with an unrealized gain of only 9.29%. The analysis suggests that the substantial profits of long-term holders may increase the risk of sell-offs at the start of the new year, and investors may choose to realize their gains.