Head of Research at CryptoQuant: Unrealized profit margins for Bitcoin traders are now essentially zero
Julio Moreno, director of research at CryptoQuant, posted on the X platform that Bitcoin selling pressure may be declining as unrealized profit margins are currently essentially zero. Traders’ realized profit prices (currently around $60,000) have supported prices during the bull market.
Release time
2024-04-18 13:13:08