Most Bitcoin holders are in profit mode.
According to data from IntoTheBlock, about 88% of Bitcoin holders are profitable, while only 12% are in a break-even state.
What is interesting in this context is that no Bitcoin holder is currently incurring losses.
IntoTheBlock data shows that most Bitcoin holders have a long-term view of the market.
As 71% of them have invested in Bitcoin for more than 12 months, indicating long-term investment strategies, which has enhanced market stability.
In contrast, 25% of them entered the market within the past year, while only 5% bought Bitcoin in the last 30 days.
It is worth noting that Bitcoin is not the only currency that makes profits for its holders, as Tron TRX is also one of the digital currencies whose investors make significant gains.
Data shows that 94% of TRX holders are making profits on paper, while 3.4% are in breakeven, and only 2.7% are experiencing losses.
TRX price has fallen slightly over the course of the week, but the coin is still in the green since the beginning of the year, as the coin is currently trading at around $0.15, up 50% since January 1.
Overall, indicators suggest that Bitcoin remains in a strong position, with holders continuing to make profits.
However, the continuation of this upward momentum depends on how the market reacts to current levels and the development of general economic conditions, especially with regard to the US Federal Reserve’s decisions and their impact on investors’ appetite for risk.
While expectations remain mixed, optimism seems to be the norm among the crypto community, with investors and analysts alike anticipating Bitcoin’s moves in the coming hours.
