• Bitcoin Long-Term Holders Just Ran Out of Paper Profits, So Why Is Nobody Selling

    Bitcoin Long-Term Holders Just Ran Out of Paper Profits, So Why Is Nobody Selling

    Bitcoin long-term holders see adjusted MVRV compress into reset territory while NUPL turns neutral, CryptoQuant data shows, as old coins simply refuse to move. The paper profits are mostly gone. Bitcoin long-term holders in the 6M to 10Y cohort have watched their adjusted MVRV compress into territory that marked valuation resets in every cycle since…