Toward the end of 2019, with Bitcoin prices keeping up above $8,000, about 61% of all holders could sell at a gain. The overall potential to sell at profit combines both old adopters, but also new buyers. Late Arrivals Also Reached Potential Gains Roughly half of the addresses “in the money” were late arrivals and not early adopters. The earliest “whales” in fact make a small fraction of potential gainers. Entrants at low four-digit pricesRead MoreThe post HODL’ing Pays: 61% of Bitcoin Owners Could Sell at Profit appeared first on Bitcoinist.com.
