Data: The unrealized profits of new Bitcoin whales have reached 7.3 billion US dollars, setting a new historical high
Data released by Ki Young Ju, the founder and CEO of CryptoQuant, shows that unrealized profits for new Bitcoin whales have reached $7.3 billion, a historical high. Meanwhile, unrealized profits for old whales are at $40 billion, still below the 2021 peak of $145 billion. Ki Young Ju defines long-term whales as: 1/ having an average UTXO age exceeding 155 days (if less than 155 days, they are considered short-term whales); 2/ holding a balance over 1000 BTC; and 3/ having no association with CEX or miners.
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