Crazzyblockk2023-08-06

An intelligent lesson from Long-terms holders' behavior

One of the definitions in the Bitcoin market that is undeniable among Bitcoin investors is the intelligence and patience of long-term holders' profitable process, and this definition has been proven to everyone many times. In this regard, for the current market conditions in recent months, we will examine the long-term profitability trend and the situation related to the realized price of long-term holders. In this article, before the three Bitcoin price corrections in February, April, and July, we examine the amount of the sum of the realized price of long-term holders, which confirms this concept. February: Market price: 24.8 k - Long-term holders RP: 27.8 k = 10% Loss April: Market Price: 30.3k - Long-term holders RP: 27.3 K = 10% profit July: Market Price: 31.5 K - Long-term holders RP: 25.9 K = 21% profit This definition shows the accumulation of bitcoins by these holders in the last few months and the reduction of their average price pocket by buying more bitcoin (Also the realized price of long-term holders who bought bitcoin 1-2 years ago).