Four-Year Cycle Overview Series (9)

In 2013, from the price breaking the previous high to the bull market peak, long-term holders on-chain realized profits totaling approximately 2.54 million BTC. In 2017, from the price breaking the previous high to the bull market peak, long-term holders on-chain realized profits totaling approximately 3.93 million BTC. From 2020-2021, from the price breaking the previous high to the bull market peak, long-term holders on-chain realized profits totaling approximately 3.14 million BTC. In 2024-2025, if the price breaks the previous high and reaches $126k, long-term holders on-chain are expected to realize profits totaling approximately 3.5 million BTC.