On-chain data shows the newbie Bitcoin whales hold an all-time high amount of unrealized profit following the latest rally in the asset to $60,000.
Bitcoin Short-Term Holder Whales Currently Carry All-Time High Profit
As explained by CryptoQuant founder and CEO Ki Young Ju in a new post on X, the profits of the newbie whales have hit unprecedented levels. The “newbie whales” here refer to the Bitcoin whales belonging to the “short-term holder” (STH) cohort.
The STHs include all the BTC investors who bought their coins within the past 155 days. Given this relatively small timeframe, the STHs are considered the newbie hands of the market.
The whales are defined as entities that are currently carrying at least 1,000 BTC in their wallets. Naturally, wallets associated with miners and centralized exchanges are excluded from this group as they don’t correspond to “normal” investors.
The STH whales, thus, would be holders who have been holding 1,000 BTC or more sinc
We współpracy z: https://bitcoinist.com/bitcoin-newbie-whales-unprecedented-7-3-profit/
