Bitcoin long-term holders are realizing profits approximately 273 times their cost basis
According to a report by Jinse Finance, a chart released by @JA_Maartun shows that the Bitcoin Long-Term Holder SOPR (Spent Output Profit Ratio) has just surged to 273. This means that, based on on-chain data, the profits realized by long-term holders are approximately 273 times their cost basis.
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.
You may also like
Equities: Rotation out of AI as breadth stays positive – Danske Bank

Amid doubts about demand, Bank of America backs Apple (AAPL.US)! iPhone Duo pre-sale will be a crucial test
Despite investors weighing the market response to the latest iPhone product line amid price increases and a phased launch, Bank of America still maintains a "Buy" rating on Apple with a target price of $370.

