Bitcoin Near $107K as Holder Profits Rise and Institutional ETF Inflows Suggest Market Stability
2025-07-03 16:58:54
Main Idea
Bitcoin's price rebounds to $107,000, demonstrating market resilience amid geopolitical tensions, with strong investor profitability and increased institutional demand through ETF inflows.
Key Points
1. Bitcoin briefly dipped to $99,000 due to geopolitical tensions but quickly rebounded, showing resilience with a support level at $98,300.
2. Glassnode data shows Bitcoin's unrealized profit at approximately $1.2 trillion, with an MVRV ratio indicating an average paper gain of 125%.
3. Daily realized profits have decreased to around $872 million, contrasting with previous peaks, as Long-Term Holder supply reaches an all-time high of 14.7 million BTC.
4. The Sell-Side Risk Ratio remains low, indicating diminished selling pressure from both Short- and Long-Term Holders.
5. Institutional demand is robust, with U.S. Spot Bitcoin ETFs averaging $298 million in net inflows over seven days, supporting market equilibrium.
Description
Bitcoin’s recent surge to $107,000 marks a significant milestone as the majority of holders return to profitability, underscoring sustained investor confidence amid market fluctuations. Despite approaching all-time highs, realized profits
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