According to the analytical platform CryptoQuant, the first cryptocurrency generates about $571 million in profit per day on average. At the same time, the net profit of investors is at least $456 million per day.
CryptoQuant emphasized that the risk of large-scale Bitcoin sales is at a minimum level since the beginning of 2024.
In their opinion, even short-term holders of cryptocurrency are now “in the black” after a long period of losses, and the market has entered a phase of equilibrium.
Experts note that the macroeconomic environment is becoming increasingly favorable for risky assets, including cryptocurrencies, and in the medium term, the Bitcoin rate may exceed the $67,000 mark.
Earlier, experts from the analytical company 10x Research reported that in October, the first cryptocurrency could demonstrate a new historical maximum due to the presence of two catalysts.
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Source: Cryptocurrency
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