Bitfinex: Bitcoin long-term holders have unrealized gains of approximately 64%, while recent buyers have unrealized gains of only 9%
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AT A GLANCE
Bitfinex said that long-term holders have unrealized gains of approximately 64%, while recent buyers have unrealized gains of approximately 9%。
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Bitfinex: Bitcoin long-term holders have unrealized gains of approximately 64%, while recent buyers have unrealized gains of only 9%BlockBeats news,October 15，Bitfinex stated that Bitcoin long-term holders have an average holding cost of approximately 49,300 USD, with current unrealized gains of approximately 64%; recent buyers have an average cost of approximately 74,400 USD, with current unrealized gains of only approximately 9%。
Bitfinex noted that if the BTC price declines further, recent buyers may be the first to face greater selling pressure. By comparison, long-term holders have a larger unrealized-gain buffer.
Original link https://m.theblockbeats.info/flash/372015
Key points
01
Bitfinex stated that Bitcoin long-term holders have an average holding cost of approximately 49,300 USD, with current unrealized gains of approximately 64%。
02
Bitfinex stated that recent buyers have an average cost of approximately 74,400 USD, with current unrealized gains of approximately 9%。
03
Bitfinex noted that if the Bitcoin price declines further, recent buyers may be the first to face greater selling pressure.
04
Bitfinex stated that long-term holders have a larger unrealized-gain buffer.
05
BlockBeats on October 15 relayed the above view from Bitfinex.
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
Unrealized gains can be understood as the paper gains on holdings calculated at the current price. The evidence shows that recent buyers have less unrealized-gain room than long-term holders.
Why it matters to readers
If the Bitcoin price continues to decline, recent buyers may face selling pressure earlier than long-term holders.
This indicates that different purchase costs affect holders' paper-loss buffer when facing price declines.
Risks and unknowns
The evidence does not specify the statistical scope or calculation methodology for the average cost and unrealized-gain data.
The evidence does not confirm that recent buyers or long-term holders have actually sold Bitcoin.
“May be the first to face greater selling pressure” is Bitfinex's assessment and does not represent selling activity that has already occurred.
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Unrealized Profit
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