Bitcoin enthusiasts pocketing a massive $904 million in realized profits, fueling selling pressure on the cryptocurrency, as per analytics firm Glassnode.
Revamped Daily Hodl
Hello there, crypto enthusiasts! Today, we're diving into the latest Bitcoin trends and news. Buckle up! 🥳
📰 Latest Bitcoin Movements
Glassnode, a well-known analytics platform, reveals an interesting turn in Bitcoin investor behavior. As of June 18, 2025, those holding Bitcoin for a period of six to 12 months are cashing out their enormous gains at an unprecedented rate. On Monday alone, they racked up a whopping $904 million profit[1].
In the recent past, longer-term investors (greater than 12 months) were the primary profit-takers. However, the current trend has flipped, with the six-to-12-month cohort accounting for 83% of the total realized profits[1]. Interestingly, this selling spree by mid-cycle buyers was last observed two months ago, highlighting the return of this pattern[1].
Although long-term BTC holders (greater than 12 months) had been relentless in their profit realization, with daily gains of around $1.2 billion in May, they have now noticeably scaled back their selling activity[1].
💡 Industry Announcements
In other news, CryptoLand is buzzing with exciting developments! Here are the latest updates:
- BitVault successfully raised $2 million from GSR, Gemini, and Auros to launch their Bitcoin-backed money[2].
- TAC secured an impressive $11.5 million to bring DeFi to Telegram's billion-user ecosystem[2].
- Falcon Finance launched its pilot season of Falcon Miles Points Program, rewarding ecosystem participants[2].
- BTCC exchange celebrates its 14th anniversary with the launch of its first-ever user badge program[2].
- R0AR introduced a unified DeFi platform for token, liquidity, and NFT staking[3].
- Avail is going full stack to capture the $300 billion global blockchain infrastructure market[3].
- Fans Hash offers zero-barrier cloud mining with daily payouts and global pool access[4].
From breaking news to fresh insights on Bitcoin trading, cryptocurrency, DeFi, and Web 3.0, we've got you covered.
💭 Wise Words from the Experts
- Bitwise CIO Matt Hougan shared his thoughts on the worrying trend of US dollar devaluation and money printing, predicting that it will speed up one 'megatrend'[5].
- Michael Saylor expressed his confidence in Bitcoin, stating that the digital asset is set to skyrocket to a million dollars[6].
- A leading crypto analyst foresees new Bitcoin all-time highs and updates his outlook on Ethereum[6].
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[1] Based on Glassnode data[2] Bitcoin.com[3] CoinTelegraph[4] CryptoSlate[5] MarketWatch[6] NewsBTC
- Amidst this trend of Bitcoin investors cashing out massive profits, some might want to consider diversifying their portfolio by investing in altcoins, as they may offer different growth potentials within the cryptocurrency market.
- As BitVault successfully raises funds for their Bitcoin-backed money, it's an exciting development for those interested in finance and investing, as it marks another step towards the mainstream adoption of cryptocurrency and blockchain technology.
