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Bitcoin Investors Sit on $1.2 Trillion in Unrealized Gains – Is a BTC Selloff Coming?
In a recent report, blockchain analytics firm Glassnode revealed that Bitcoin (BTC) investors are currently holding over $1.2 trillion in unrealized gains, which could potentially lead to significant selling pressure if market sentiment turns sour.
According to the data provided by Glassnode, it appears that the majority of Bitcoin investors have chosen not to cash out their profits, choosing instead to hold onto their assets for an extended period.
Source: www.crypto-news-flash.com
