91% of Bitcoin Holders Are Profitable, According to IntoTheBlock A recent report by IntoTheBlock, a leading blockchain analytics firm, has revealed that a whopping 91% of Bitcoin (BTC) holders are currently sitting on profits. This means that the vast majority of people who have bought and held BTC over the long term have seen their investment increase in value. This is a significant finding, as it suggests that Bitcoin continues to be a sound investment for those who are willing to hold it for the long term. Despite the recent volatility in the crypto market, Bitcoin has remained resilient and has continued to grow in value over time. The report also found that the average holding period for BTC is now over 10 months. This suggests that investors are becoming increasingly confident in Bitcoin's long-term prospects and are willing to hold it for longer periods of time. Overall, the report from IntoTheBlock is bullish for Bitcoin. It shows that the vast majority of holders are profitable and that the average holding period is increasing. This suggests that Bitcoin is still a sound investment for those who are willing to hold it for the long term.

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