Bitcoin Investors Celebrate! 125% Gains and $1.2 Trillion in Paper Profits!

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The report estimates that the average investor is now sitting on a whopping 125% unrealized gain. That’s right, folks, 125%! With total paper profits across the market reaching an estimated $1.2 trillion—yes, you heard that correctly, trillion!—it’s safe to say that Bitcoin is making wallets fatter than a Thanksgiving turkey. 🦃💰

The rebound happened after bouncing off the $98,300 level, which is kind of like the secret sauce of the Bitcoin market. Historically, this level is like a magic threshold, the sort of thing that decides whether we’re partying with bulls or crying into our bear-market mugs. Glassnode, those clever analysts, call this the cost basis for short-term holders—basically, the point where you go “Uh-oh” or “Woo-hoo!” depending on your position. This surge has given new investors a big ol’ confidence boost, making them feel like they’re in the driver’s seat of a Lamborghini. 🏎️💨

But here’s where it gets even more interesting—ready? The market’s response to all this newfound wealth is… calm. Yep, calm. Instead of rushing to cash out and buy themselves that golden toilet, long-term holders are just sitting back, kicking their feet up, and continuing to accumulate more Bitcoin like it’s Black Friday and they’re after the last TV on the shelf. 📺 As the metrics like Liveliness and realized profits trend downward, it’s clear that these investors aren’t seeing this as the peak; oh no, they think the best is yet to come. Higher valuations? Oh, they’re coming, just wait for it. ⏳📈

Glassnode also points out that the supply held by long-term investors is at an all-time high, which is just more proof that the Bitcoin gang is gearing up for the next big wave. With a market cap sitting at a cool $2.13 trillion and a realized cap of $958 billion, Bitcoin is flexing its muscles and entering a new phase of maturity. So buckle up, because this ride isn’t slowing down anytime soon. 🏋️‍♂️🚀

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2025-07-04 15:11