CoinScoopBitcoin Investors Remain Profitable Amid Market Consolidation
Bitcoin has maintained stability despite a recent pullback below $85,000. On-chain data from CryptoQuant shows that long-term holders, who were at a loss in June, are now approximately 35% in profit as of September 27, with an Adjusted Long-Term Holder MVRV of 1.35. While this indicates a recovery, it also raises the potential for profit-taking.
Summaries are written by AI from the original article. Not investment advice.