✉news BusinessCrypto first seen 1 d ago, last 1 d ago, peak #33
Bitcoin long-term holders stay profitable through bear market
Original: Bitcoin long-term holders stayed profitable in this bear market, a first since 2015, as LTH-MVRV ratio stayed above 1.
Bitcoin's long-term holders have remained in profit throughout the current bear market, a situation not seen since 2015. The LTH-MVRV ratio, which compares the value of coins held long-term against their purchase price, has stayed above 1, meaning these holders are still sitting on gains despite broader price declines. Analysts see this as a sign of stronger conviction among long-term investors compared with previous downturns.
Why now: The resilience of long-term holders defies the usual pattern of bear-market losses, drawing attention from crypto analysts and investors.
Evidence
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