Bitcoin hodler unrealized profits near 350% as $100K risks sell-off
From Cointelegraph
May 2, 2025 6:38 am:
Bitcoin long-term holders are nearing a 350% unrealized profit margin, potentially triggering selling if price rises further. Glassnode warns of increased selling pressure at $100,000. Trader notes lack of upside potential, citing order book data showing more liquidations for longs than shorts at current levels. Glassnode highlights key resistance/support flips for BTC price appreciation.
Read more at Cointelegraph: Bitcoin hodler unrealized profits near 350% as $100K risks sell-off