Bitcoin’s two-year holders have experienced losses for the first time in over two years, as the cryptocurrency’s price has fallen below the average buy price for those who have held their investments for 18 to 24 months. This marks a significant shift from previously established profitability trends, indicating a departure from the sustained gains seen during the prior bull market phase. Historically, long-term Bitcoin holders have weathered market volatility, using downturns as opportunities for accumulation, but the current on-chain metrics show a growing divergence in profitability between short-term traders and multi-month holders amidst recent market corrections.
Bitcoin falls below average buy price for 2-year holders
