According to U.Today, the latest data shows that in the ever-evolving cryptocurrency landscape, long-term Bitcoin (BTC) big players have accumulated significant profits amid market fluctuations. While the broader crypto market has experienced a slight dip, the big Bitcoin players appear to be holding on to their positions, potentially impacting the market if they decide to cash out.

Cryptocurrency analytics platform CryptoQuant recently released data showing the unrealized profits of long-term Bitcoin big holders. The data revealed a striking trend: as the price of Bitcoin rises, the unrealized profits of long-term big holders have steadily increased. This rising trend in unrealized profits suggests that long-term big holders are choosing to hold on to their positions rather than cashing out at current price levels. If these big holders decide to start taking profits by selling their Bitcoin holdings, it could lead to increased selling pressure and price volatility.

Meanwhile, the broader Bitcoin market has seen a price decline. At the latest data, Bitcoin is trading at $64,042, down 3.86% over the past 24 hours. Despite the price drop, Bitcoin's trading volume surged 39.59% to $33.28 billion. This increase in trading volume indicates increased market activity, likely due to traders reacting to recent price moves and the actions of long-term large investors.