100% Bitcoin Wallets Currently in Profit: Details

Data shared by on-chain analytics aggregator IntoTheBlock shows that Bitcoin has reached a new all-time high not related to its price.

In a recent tweet, IntoTheBlock proudly stated that a hundred percent of Bitcoin addresses (1.06 million of them, according to the tweet) are in profit at the moment. This happened after the world’s prime digital currency touched the $68,000 level on Monday.

The aforementioned on-chain data source has published several tweets, stating that Bitcoin optimism has broken its all-time high and now 100% of Bitcoin holders are in profit.

The platform added that over the past seven days, large cryptocurrency holders known as whales in the crypto community have acquired 4,177 BTC – that is the equivalent of more than $279 million at the current Bitcoin price levels.

Today, Bitcoin has staged a roughly 5% increase and now it is back above the $68,000 level, approaching the 2021 Bitcoin all-time high of $69,000. At the same time, according to CoinMarketCap data, Bitcoin Fear and Greed Index has entered the “extreme greed” zone.