Bitfinex stated that Bitcoin long-term holders have an average cost of approximately 49300 USD, with unrealized gains of approximately 64%; recent buyers have an average cost of approximately 74400 USD, with unrealized gains of approximately 9%。
After Bitcoin rebounded to approximately 88,000 USD, investors who bought at elevated levels sold heavily; the related selling pressure has now eased significantly.
Glassnode monitoring indicates that Bitcoin buyers at high prices are selling, and 2025 entrants during the market rally have the highest average daily selling volume. historical buyer groups are currently at a loss.