Analysis: Bitcoin investors sit on $1.2T in unrealized gains with minimal selling

Bitcoin (BTC) investors are showing strong holding behavior, even as unrealized profits approach $1.2 trillion, just below the all-time high of $1.3 trillion, Cointelegraph reported. According to Glassnode data, the average investor holds 125% in paper gains, yet profit-taking remains limited — especially among short-term holders, defined as those holding BTC for less than 155 days. BTC has established strong support around $98,300, but this level has not been enough to trigger significant selling. Notably, selling pressure from short-term holders has dropped sharply since BTC’s all-time high in May.