BTC Cycle Cycle: Long-term holders' chip floating profit ratio surges, a huge pit is coming?
CryptoChan2024/11/18 10:27
By:CryptoChan
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
A welcome pack worth 6200 USDT for new users! Sign up now!
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!
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.
Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!
You may also like
Crypto market’s weekly winners and losers – QNT, NEAR, AKE, RAIN
AMBCrypto•2026/09/27 22:03
KAS went up 12%, but the Kaspa network is emptying out – What’s happening?
AMBCrypto•2026/09/27 20:03
$2.39 Billion In One Weekly: Institutional Investors Bet On Bitcoin Again?
UToday•2026/09/27 17:03
Peter Brandt sets $8,600 long-term Ethereum target if $5,000 is breached
Cointurk•2026/09/27 16:45

Crypto prices
MoreBitcoin
BTC
$84,221.63
-0.06%
Ethereum
ETH
$2,674.1
-0.53%
Tether USDt
USDT
$0.9997
+0.00%
BNB
BNB
$774.59
+0.26%
XRP
XRP
$1.51
-0.99%
USDC
USDC
$0.9999
+0.01%
Solana
SOL
$121.38
+0.13%
TRON
TRX
$0.3334
-0.20%
Zcash
ZEC
$1,587.45
-4.46%
Hyperliquid
HYPE
$91.55
-0.34%
How to buy BTC
Bitget lists BTC – Buy or sell BTC quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now