Bitcoin holders are accumulating unprecedented unrealized profits approaching $1.2 trillion, just below the record $1.3 trillion peak, with average investor gains reaching 125%. This substantial profit cushion signals robust market confidence and reduced sell pressure as investors increasingly adopt long-term holding strategies.
The HODLing trend is particularly evident among short-term holders, whose selling activity has significantly declined despite an average acquisition cost of $98,300. Concurrently, long-term holders are actively shaping Bitcoin’s price dynamics, with their selling patterns establishing a psychological resistance threshold near the $100,000 level.
Trading near all-time highs at approximately $106,170, Bitcoin’s market structure reflects strong bullish sentiment. The combination of diminished selling pressure and strategic holding behavior suggests underlying price stability and a positive outlook for the cryptocurrency’s valuation trajectory.