Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnSquareMore
BTC Cycle Cycle: Long-term holders' chip floating profit ratio surges, a huge pit is coming?

BTC Cycle Cycle: Long-term holders' chip floating profit ratio surges, a huge pit is coming?

CryptoChan2024/11/18 10:27
By:CryptoChan
From the on-chain data, the high point of #BTC's price is closely related to the distribution of floating profit chips by long-term holders (holding coins for more than 155 days without movement). The chart shows that during the historical bull market (such as 2012-2013, 2016-2017, and 2020-2021), the floating profit ratio increased significantly, and a "huge pit" formed after the price peaked (indicated by the red arrow). Currently, as the cycle of 24-25 years approaches, the floating profit chip ratio has risen again. Does this indicate a new round of distribution and market adjustment? Pay attention to the on-chain trends, history may be repeating itself!
BTC Cycle Cycle: Long-term holders' chip floating profit ratio surges, a huge pit is coming? image 0
0
1

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

Trend Research: The "Blockchain Revolution" is underway, remaining bullish on Ethereum

In a scenario of extreme fear, where capital and sentiment have not yet fully recovered, ETH is still in a relatively good buying "strike zone."

BlockBeats2025/12/13 03:53
Trend Research: The "Blockchain Revolution" is underway, remaining bullish on Ethereum

Should You Still Believe in Crypto

No industry has always been right along the way, until it truly changes the world.

BlockBeats2025/12/13 03:53
Should You Still Believe in Crypto

You Should Also Believe in <strong>Crypto</strong>

No industry has ever been right all the way until it truly changed the world

BlockBeats2025/12/13 02:47
You Should Also Believe in <strong>Crypto</strong>
© 2025 Bitget