Bitcoin Long-Term Holders Realize 3.27 Million BTC in Profits This Cycle

Bitcoin long-term holders (LTHs) have realized significant profits in the current cycle, outpacing all but the 2016-2017 cycle. Key points include:

LTHs, holding Bitcoin for over 155 days, have realized 3.27 million BTC in profits since January 2024.
This amount exceeds the 2021 bull run's profit of just over 3 million BTC and is ahead of the 2013 cycle.
Realized profits still trail the 2017 bull run, where profits reached 3.93 million BTC.
The average Bitcoin price was around $1,000 in 2015 compared to current levels approximately 100 times higher.
Recent market activity shows about 80,000 BTC listed for sale at Galaxy and another 26,000 BTC becoming active.
A total of around 100,000 BTC has been available for sale, contributing to market liquidity and slight corrections.
Exchange-traded funds (ETFs) have facilitated capital rotation, with increased trading volumes across the market.