Secure

Bitcoin

<ul class="wp-block-list">
 <li>Bitcoin long-term investors are selling their holdings with profits that average 326% as prices rise significantly.&nbsp;&nbsp;</li>  
 <li>Market demand remains high, absorbing the supply from sellers, which is keeping Bitcoin prices near their highest levels.&nbsp;&nbsp;</li>  
 <li>Bitcoin continues its upward climb toward the $100K mark as new buyers enter the market in large numbers.&nbsp;&nbsp;</li> 
</ul>  
<p><a href="https://cryptonewsland.com/czech-republic-grants-bitcoin-tax-exemption-for-long-term-holders/" target="_blank" rel="noopener noreferrer nofollow">Bitcoin long-term holders</a> are cashing out at an average profit of 326% while prices approach $99,800, according to recent data. The average purchase price for these holders is $23,400, and the market is steadily absorbing the additional supply without significant price drops. Bitcoin's strong demand continues to drive stable market momentum even as more coins are sold by these investors.&nbsp;</p>  
<figure class="wp-block-image"><img src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXf3h-Fo2STaUBn_HWEyNonZ-i41CGR3fnmzSgTu4QWeDFeTkRtiI7tGeA4v0n-ka8-kk_eF_9GzesKXvQFf5tRIjNHoso8HmBeIVEHI51vTm1OnLVmI2fx4NQXex_J3WaHPWXb2VQ?key=OWeKgPrq06o8YJ5QfgWJPiPO" alt="">
</figure>  
<p>Source:<a href="https://x.com/AxelAdlerJr/status/1866027965710004567" target="_blank" rel="noopener noreferrer nofollow"><em> Axel Adler Jnr&nbsp;</em></a></p>  
<h2 class="wp-block-heading" id="h-bitcoin-long-term-holders-maximize-profit-potential-nbsp-nbsp"><strong>Bitcoin Long-Term Holders Maximize Profit Potential&nbsp;&nbsp;</strong></h2>  
<p>Long-term owners are seeing astronomical returns after Bitcoin’s price rose from $15,000 in 2022 to nearly $99,800 in 2024. This represents a significant profit margin for holders who accumulated Bitcoin during lower price cycles and are now realizing gains. The cost basis for long-term holders has increased steadily over time, showing the enduring growth of BTC as an asset.&nbsp;&nbsp;</p>  
<p>Periods of high profit-taking are evident in the chart, which shows increased selling activity as prices reach current levels. However, despite this increased supply, the market remains stable because demand continues to absorb the released coins. Bitcoin’s stability in the face of such selling indicates a strong foundation built on market confidence and interest from new participants.&nbsp;&nbsp;</p>  
<h2 class="wp-block-heading" id="h-demand-keeps-bitcoin-prices-steady-nbsp-nbsp"><strong>Demand Keeps Bitcoin Prices Steady&nbsp;&nbsp;</strong></h2>  
<p>According to market analyst Axel Adler Jr., the ability of Bitcoin’s price to remain stable during this surge in selling activity reflects its robust demand. Bitcoin has followed a similar pattern in previous cycles, where selling by long-term holders was counterbalanced by strong demand from buyers.&nbsp;&nbsp;</p>  
<p>For instance, during the 2021 rally, Bitcoin surged from $8,000 to over $60K, and those who had owned it for decades sold large portions of their wealth. Even then, demand from new investors absorbed the supply, which allowed BTC to maintain its price momentum. The current trend shows similar dynamics, but this time at a much larger scale, with Bitcoin nearing $100,000.&nbsp;&nbsp;</p>  
<h2 class="wp-block-heading" id="h-will-bitcoin-demand-continue-to-outpace-supply-nbsp-nbsp"><strong>Will Bitcoin Demand Continue to Outpace Supply?&nbsp;&nbsp;</strong></h2>  
<p>A&nbsp; question now is whether demand can keep pace with the increasing supply as larger numbers of committed investors sell their holdings. The resilience shown by Bitcoin so far suggests strong support from <a href="https://cryptonewsland.com/dogecoin-rises-80-on-trumps-announcement-and-strong-investor-support/" rel="noopener noreferrer nofollow">institutional and retail buyers</a> entering the market. If demand continues at current levels, BTC may maintain its&nbsp; price momentum as it edges closer to the $100K milestone.&nbsp;&nbsp;</p> 
<p>The post <a href="https://cryptonewsland.com/bitcoin-holders-secure-big-profits-as-prices-close-to-100k/" rel="noopener noreferrer nofollow">Bitcoin Holders Secure Big Profits as Prices Close to $100K&nbsp;&nbsp;</a> appeared first on <a href="https://cryptonewsland.com" rel="noopener noreferrer nofollow">Crypto News Land</a>.</p>

Bitcoin Holders Secure Big Profits as Prices Close to $100K

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