News
Bitcoin Capital Inflows Remain Strong
Glassnode reports that the inflow of new capital into Bitcoin continues to be strong, with monthly changes in realized capitalization and the proportion of 'hot' capital above their peak levels. Despite a decline in profitability and a price correction, overall profitability remains high, with over 70% of the supply currently in profit. Profits from short-term holders and realized profit bookings have reached record highs. The recent market correction is attributed to day traders and ETF holders, while new capital continues to flow into the blockchain, and the majority of holders remain in profit.