BlockNews
FOLLOW ON X
  • BITCOIN
  • CRYPTO
    • ETHEREUM
    • RIPPLE XRP
    • SOLANA
    • CARDANO
    • BINANCE BNB
    • DOGECOIN
    • TRON
    • SUI
    • CHAINLINK
    • LITECOIN
  • FINANCE
  • POLITICS
  • MEMECOINS
  • NFT
  • OPINION
No Result
View All Result
BlockNews
  • BITCOIN
  • CRYPTO
    • ETHEREUM
    • RIPPLE XRP
    • SOLANA
    • CARDANO
    • BINANCE BNB
    • DOGECOIN
    • TRON
    • SUI
    • CHAINLINK
    • LITECOIN
  • FINANCE
  • POLITICS
  • MEMECOINS
  • NFT
  • OPINION
No Result
View All Result
BlockNews
Home BREAKING NEWS

Bitcoin Holders Seize Profit: $3 Billion BTC Moved in 48 Hours

BlockNews.com Team by BlockNews.com Team
December 6, 2023
in BREAKING NEWS, BUSINESS, CRYPTO
Reading Time: 3 mins read
#image_title

#image_title

1
SHARES
18
VIEWS
Share on XShare in TelegramShare on Reddit
  • Short-term Bitcoin holders cashed out billions in profits during the latest price surge, with $3 billion realized in just two days. This suggests traders seizing on short-term gains.
  • Long-term holders showed little profit-taking despite the price increase. Their steady hands indicate continued confidence in Bitcoin’s long-term value.
  • The divergent behavior between short and long-term holders provides insight into investor sentiment. Short-term traders are realizing quick gains while long-term investors remain optimistic.

A recent analysis of on-chain data reveals an interesting trend – short-term Bitcoin holders locking in unprecedented profits over a two-day period from December 1st to December 3rd. This coincided with Bitcoin‘s price increasing 13% during the same timeframe.

🚨 NEWS: Short-term #Bitcoin holders realized significant profits this week…

– $1.5 billion on Dec. 1

– $1.7 billion on Dec. 4

~$3 billion in Bitcoin profit moved to exchanges within two days. pic.twitter.com/JlrN6yxFpX

— BlockNews.com (@blocknewsdotcom) December 6, 2023

Massive Profit-Taking by Short-Term Holders

On December 1st, around $15 billion worth of Bitcoin was sold off in profit-taking – the largest single-day amount ever recorded. Then on December 4th, short-term holders (those who acquired BTC within the past 155 days) hit a new record of $17 billion worth of Bitcoin in potential profits.

This trend continued as Bitcoin moved above $44k on December 5th. Around $13 billion worth of coins sent to exchanges were in profit on this day. Overall, Bitcoin’s ecosystem saw a staggering $3 billion worth of coins sent to exchanges in just two days.

Long-Term Holders Remain Confident

In contrast to short-term holders realizing gains, long-term holders (those holding >155 days) have not significantly changed their behavior. While they sold around $225 million in profits over the past two days, this pales in comparison to short-term holder selling.

The lack of profit-taking by long-term investors suggests continued confidence in Bitcoin’s long-term value. Rather than sell, these holders appear to be content continuing to hold their positions.

Key Takeaways

Short-term Bitcoin holders took billions in profits during the latest price surge, with $3 billion realized in just two days. Meanwhile, long-term holders remain confident, with minimal profit-taking observed. This behavior provides insight into investor sentiment and confidence in the market.

Conclusion

The massive profit-taking spree by short-term holders points to traders seizing on short-term gains. However, long-term investors’ steady hands suggest optimism about Bitcoin’s long-term trajectory. As the price discovery continues, it will be telling to see if this divergent behavior persists.

Disclaimer: BlockNews provides independent reporting on crypto, blockchain, and digital finance. All content is for informational purposes only and does not constitute financial advice. Readers should do their own research before making investment decisions. Some articles may use AI tools to assist in drafting, but every piece is reviewed and edited by our editorial team of experienced crypto writers and analysts before publication.
Tags: BitcoinBlockchainBusinesscryptoWeb3
TweetShareShare
BlockNews.com Team

BlockNews.com Team

The go-to news source for Cryptocurrency, Blockchain, Technology, & Finance

DON'T MISS THESE! HOT OFF THE PRESS

Here is What Aave’s CEO Just Revealed About the Q4 2025 Upgrade
CRYPTO

Here is What Aave’s CEO Just Revealed About the Q4 2025 Upgrade

September 17, 2025
How to Go From Zero to Your First Profitable Trade in Crypto (2025)
BITCOIN

How to Go From Zero to Your First Profitable Trade in Crypto (2025)

September 17, 2025
What Happened in Crypto Today? – September 17: Fed Interest Rate Decision, Bullish DOGE and LINK News
CHAINLINK

What Happened in Crypto Today? – September 17: Fed Interest Rate Decision, Bullish DOGE and LINK News

September 17, 2025
What is Arbitrum? Why ARB is an Underpriced Crypto Gem Hiding in Plain Sight
CRYPTO

What is Arbitrum? Why ARB is an Underpriced Crypto Gem Hiding in Plain Sight

September 17, 2025
Here is Why Experts Predict a 40X Rally for Pepe Coin After $25M Whale Outflow
CRYPTO

Here is Why Experts Predict a 40X Rally for Pepe Coin After $25M Whale Outflow

September 17, 2025
Here is Why SUI Could Soar 200% on Google Cloud Partnership and ETF Buzz
CRYPTO

Here is Why SUI Could Soar 200% on Google Cloud Partnership and ETF Buzz

September 17, 2025
Load More

Related News

Here is What Aave’s CEO Just Revealed About the Q4 2025 Upgrade

Here is What Aave’s CEO Just Revealed About the Q4 2025 Upgrade

September 17, 2025
How to Go From Zero to Your First Profitable Trade in Crypto (2025)

How to Go From Zero to Your First Profitable Trade in Crypto (2025)

September 17, 2025
What Happened in Crypto Today? – September 17: Fed Interest Rate Decision, Bullish DOGE and LINK News

What Happened in Crypto Today? – September 17: Fed Interest Rate Decision, Bullish DOGE and LINK News

September 17, 2025
Jerome Powell October Rate Decision Outlook: What to Expect and How it Will Effect You

Jerome Powell October Rate Decision Outlook: What to Expect and How it Will Effect You

September 17, 2025
What is Arbitrum? Why ARB is an Underpriced Crypto Gem Hiding in Plain Sight

What is Arbitrum? Why ARB is an Underpriced Crypto Gem Hiding in Plain Sight

September 17, 2025
Twitter Telegram Threads

BLOCKNEWS.COM

BlockNews is your premier source for real-time cryptocurrency, blockchain, political and financial market news.

Stay ahead of the herd with BlockNews

RESOURCES

  • About Us
  • Contact Us
  • Editorial Policies
  • Terms and Conditions
  • Privacy Policy
  • Sitemap

DISCLOSURES AND POLICIES

BlockNews provides independent reporting on crypto, blockchain, and digital finance. Content is for informational purposes only and does not constitute financial advice. Sponsored material is always disclosed. By using this site, you agree to our Terms and Conditions and Privacy Policy.

© 2025 BlockNews

No Result
View All Result
  • HOME
  • BITCOIN
  • CRYPTO
    • ETHEREUM
    • RIPPLE XRP
    • SOLANA
    • CARDANO
    • BINANCE BNB
    • DOGECOIN
    • TRON
    • LITECOIN
    • CHAINLINK
    • SUI
  • MEMECOINS
  • POLITICS
  • FINANCE
  • NFT
  • DEFI
  • GUIDES

© 2025 BlockNews