OLD CODER IS

Last updated: June 17, 2025, 21:46  |  Written by: Erik Voorhees

Old Coder Is
Old Coder Is

Bitcoin Long

76% of Bitcoin entities are profitable but the tale is different; Why?

Bitcoin long-term holders locked in over $2 billion in profit in one daybut not everyone is interested in selling BTC. In the latest edition of its weekly newsletter, “ The

In this piece, Grayscale Research attempts to clarify common questions around Bitcoin ownership, and delve into implications of various ownership groups. We also

In October

In October-November, new highs were established and at one point 100% of the entities reached a state of profit. Now, Bitcoin is down 30% from its ATH, and all entities in profit have again reached 76%. However, the major difference is that the price point is now

According to Glassnode, almost 76% of BTC entities are currently in profit, compared to over 95% in November 2025. While long-term holders of Bitcoin held onto their

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Erik Voorhees can be reached at [email protected].

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