Glassnode data shows that the transfer volume of profitable long-term Bitcoin holders has increased sharply this year, increasing by nearly 2000%.
The amount transferred by these holders, who are currently in floating profit, has increased dramatically from $25 million at the beginning of the year to $489 million currently.
Despite the massive increase, this figure is still 71.4% below the peak of $1.74 billion during the 2021 bull market.
Among them, investors who hold Bitcoin for 6 to 12 months appear to be the most active group, and their trading volume is three times that of all other long-term holders who have held Bitcoin for at least a year.