#Crypto2025Trends
we adopt a simplified assumption that every seller is matched with a buyer, this observation provides some insight into the strength of the demand side, who, by contrast, has provided an estimated $2.1B of fresh capital into the market."

BTC Entity-Adjusted LTH Realized Profits | Glassnode
Glassnode analysts also highlighted that the scale of LTHs profit-taking in the past month surpasses levels observed earlier this year when Bitcoin reached a previous all-time high of $73,000 in March.
Despite the heavy profit-taking from LTHs, the analysts revealed that most of Bitcoin's recent sell-side pressure is driven by new market entrants, particularly those who have acquired Bitcoin within the past six months to one year. This cohort has realized profits of $27.3 billion, accounting for 38.5% of the total sell-side pressure.
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