Bitcoin short-term holder (STH) whales have reached a cycle high in unrealized profits, totaling $10.1 billion, according to on-chain data. This surge follows a recent price rally, with Bitcoin currently trading at approximately $124,600, marking an 11% increase over the past week. STH whales, defined as entities holding over 1,000 BTC acquired within the last 155 days, have seen a sharp recovery in their Unrealized P&L metric after a downturn in late September.
Bitcoin Short-Term Holder Whales Achieve $10.1 Billion in Unrealized Profits
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