Data: Bitcoin's new whales have unrealized profits of 7.3 billion dollars, setting a new historical high

2024-02-28 13:16:51
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ChainCatcher news, CryptoQuant founder and CEO Ki Young Ju disclosed on X that the unrealized profits of new Bitcoin whales have reached $7.3 billion, a historical high. The unrealized profits of old whales stand at $40 billion, still below the peak of $145 billion in 2021.

Definition of long-term whales:

  1. Average UTXO age over 155 days (if less than 155 days, they are short-term whales);
  2. Balance exceeding 1000 BTC;
  3. No association with CEX or miners.
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