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Bitcoin hodler unrealized profits near 350% as $100K risks sell-off

Cointelegraph.com NewsKey points:Bitcoin long-term holders are about to hit a level of unrealized profit, which has traditionally caused them to sell.That level coincides with the return to a six-figure BTC price.Order book data suggests that bulls may not succeed in keeping the upside going.Bitcoin (BTC) risks a “notable increase” in selling from its older investors if price rises further, warns onchain… 

​Key points:Bitcoin long-term holders are about to hit a level of unrealized profit, which has traditionally caused them to sell.That level coincides with the return to a six-figure BTC price.Order book data suggests that bulls may not succeed in keeping the upside going.Bitcoin (BTC) risks a “notable increase” in selling from its older investors if price rises further, warns onchain… 

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