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Glassnode: OG Whale Holding BTC for Seven to Ten Years Realizes $362 Million Profit in Last 24 Hours

By: theblockbeats.news|2025/08/06 12:41:59

BlockBeats News, August 6th, Glassnode released a chart analysis, showing that in the past 24 hours Bitcoin holders have realized profits of over $1 billion, with $362 million (approximately 35.8%) coming from OG whales holding for 7 to 10 years, indicating a rare phenomenon that may reflect internal transfers or true exits. Another $93 million in profits came from holders of 1 to 2 years, who also achieved significant gains.

U.S. publicly traded company IREN has released its July operational report, mining output reached 728 bitcoins.

US-listed company Bakkt will acquire MHT and plans to rename it to bitcoin.jp