Over 87% BTC holders in profit

Currently, over 87% of Bitcoin holders are in profit, with an average unrealized gain of about 120%, thanks to a high Market Value to Realized Value (MVRV) ratio. This ratio serves as a metric to assess the profitability of Bitcoin holders, with a high MVRV indicating that many investors have substantial unrealized gains. Despite these profits, trading activity in the Bitcoin market has decreased

https://www.coinfeeds.io/daily/87-of-bitcoin-holders-in-profit-despite-market-stagnation