ChainCatcher news, CryptoQuant founder and CEO Ki Young Ju disclosed on X that the unrealized profits of new Bitcoin whales reached $7.3 billion, a record high. Unrealized profits for older whales were $40 billion, still below the 2021 peak of $145 billion.
Definition of long-term whale:
1/Average UTXO age older than 155 days (if less than 155 days, short-lived whale);
2/ The balance exceeds 1000 BTC;
3/ No association with CEX or miners.