More Bitcoin holders are shifting from short-term profit-seeking to viewing Bitcoin as a long-term store of wealth.
Unrealized profits from Bitcoin holders have surged to $1.2 trillion, indicating strong confidence but also raising concerns about a potential sell-off.
Institutions and whales play a significant role in the amassed unrealized profits of Bitcoin, looking beyond immediate gains for future growth potential.
The rise in unrealized profits signifies a notable market shift towards more investors and less speculative traders, showcasing increased confidence in Bitcoin's future.