Bitcoin ‘Trader’ Profits Balloon To 47%: Here’s How They Looked Last Top

Quick Summary:

On-chain data shows the Bitcoin profits held by the ‘trader’ group have shot up recently.

Here’s whether they are as high as at the last top.

Historically, the higher the investors’ profits, the more likely a top has been for the cryptocurrency’s price.

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Article Details

Author / Journalist: Keshav Verma

Category: Crypto

Markets: Hungary

Topics: BTCUSDT Bitcoin top Bitcoin Btc Bitcoin Profits Bitcoin Trader Profits Bitcoin News

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-15 @ 19:00:02 (12 hours ago)

News Timezone: GMT +8:00

News Source URL: bitcoinist.com

Language: English

Article Length: 402 words

Reading Time: 3 minutes read

Sentences: 31 lines

Sentence Length: 13 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Bitcoinist

News ID: 23605557

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About Bitcoinist

Main Topics: Crypto

Official Website: bitcoinist.com

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Year Established: 2014

Headquarters: Hungary

News Last Updated: 9 hours ago

Coverage Areas: Hungary

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Publisher ID: #105

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