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Glassnode Glassnode @glassnode · 44.1K subscribers
Post #2004 2.67K
$BTC long-term holders stayed in profit this entire cycle.

No bear market since at least 2015 has done that.

In each prior bear, LTH-MVRV fell below 1 at the cycle low, putting the cohort underwater.

This time it bottomed above 1 and is now climbing again.
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