Bitcoin: Why Newbie Investors Are Breaking the Dynamic

Often celebrated for its potential to give financial control back to its adherents, bitcoin also reveals itself to be a complex tool where only the most strategic truly thrive. As BTC reaches new heights, some are taking advantage of this moment to cash out their profits, mainly recent investors. However, this selling move raises a crucial question: are long-time bitcoin holders keeping calm or expecting an even sharper rise in prices

Illustration of a gloating newbie bitcoin trader

Bitcoin,When profits exceed 2 billion in a day

Long-term bitcoin holders, who are largely baby boomers, are not as quick to part with their precious BTC. According to an analysis by Glassnode, about 35.3% of recent sales are from coins held between six months and a year. These investors, often described as “diamond hands”, seem moderately inclined to sell despite the record profits recently recorded, of which $443 million in one day.

On the contrary, it is mainly newcomers who take advantage of the spectacular increases to realize their profits. These behaviors divide the market into two camps: those who bet on even higher prices and those who prefer to secure their profits.

Some notable figures about the past week:

Profit realization exceeding $2 billion in 24 hours;

35% of sales linked to coins held less than a year;

BTC has fallen by almost 8% in recent days, causing massive outflows from ETFs.

Caution seems to be the key for market veterans, who prefer to wait patiently for a firmer recovery.

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