Bitfinex: Bitcoin long-term holders are once again profitable

In a report, Bitfinex analysts noted that long-term bitcoin holders are once again turning a profit. Analysts said that more long-term holders taking profits could put significant short-term downward pressure on bitcoin prices. According to Monday's Bitfinex Alpha report, long-term holders spending output margins suggest that this group, which previously made profits at prices higher than the previous cycle's all-time highs, is now taking profits again.