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Bitcoin Long-Term Holdings Reach 14.37 Million BTC, Yet Profit-Taking Intensifies, Analysts Say

2025/05/18 23:18 (Updated 2025/05/19 13:01)
CoinPost
Written by L.Kikutani
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Bitcoin Long-Term Holdings Reach 14.37 Million BTC, Yet Profit-Taking Intensifies, Analysts Say

"The Market Has Not Yet Peaked"

On June 15, Cryptoquant analyst Carmelo Alemán highlighted that Bitcoin (BTC) long-term holders (LTH) significantly increased their profit-taking from March to May. The Spent Output Profit Ratio (SOPR) escalated from 1.3273 on March 12 to 2.27409 by May 13, marking a 71.33% rise, which indicates a substantial expansion in profits derived from the sale of held BTC. As of May 13, the average return for LTHs reached 227.41%, turning a $50,000 investment into approximately $113,705, and profits ballooned to about $64,000.

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Iolite Vol.14

Iolite Vol.14

July 2025 issueReleased on 2025/05/30

Interview Iolite FACE vol.14 Charles Hoskinson, founder and CEO of Cardano/Input Output Global PHOTO & INTERVIEW Mariko Mabuchi Special feature: "Considerations on cryptocurrency-related policies in Japan and the US", "Blockchain guide from Japan", "Huge position liquidation occurs at Hyperliquid! A new, unanticipated crisis in decentralized finance", "Sakana AI, a generative AI startup from Japan that is attracting a lot of attention", "Prepare for a recession: correlation between finance and anomalies" Crypto Journey: "Web 3.0 from the perspective of the 'King of Debate'" Interview with Hiroyuki Special series: Virtual Nishi: "Cryptocurrency market trends and key points for interpreting them" Series: Tech and Future Toshinao Sasaki, etc.

MAGAZINE

Iolite Vol.14

July 2025 issueReleased on 2025/05/30
Interview Iolite FACE vol.14 Charles Hoskinson, founder and CEO of Cardano/Input Output Global PHOTO & INTERVIEW Mariko Mabuchi Special feature: "Considerations on cryptocurrency-related policies in Japan and the US", "Blockchain guide from Japan", "Huge position liquidation occurs at Hyperliquid! A new, unanticipated crisis in decentralized finance", "Sakana AI, a generative AI startup from Japan that is attracting a lot of attention", "Prepare for a recession: correlation between finance and anomalies" Crypto Journey: "Web 3.0 from the perspective of the 'King of Debate'" Interview with Hiroyuki Special series: Virtual Nishi: "Cryptocurrency market trends and key points for interpreting them" Series: Tech and Future Toshinao Sasaki, etc.