Bitcoin Enters Late Bull Phase as Short-Term Holders Gain

Bitcoin (BTC) is showing signs of entering the later stage of its bull cycle, with a growing wave of short-term holders increasingly influencing market activity. Data from crypto analytics firm CryptoQuant indicates that most investors are currently in profit, and short-term holders now control a record 44% of realized market value. This shift suggests long-term holders are taking profits while new buyers step in. https://twitter.com/cryptoquant_com/status/1978363900102873419 According to CryptoQuant’s analytics, two key indicators, Net Unrealized Profit/Loss (NUPL) and Realized Capital composition, suggest that Bitcoin is moving from optimism to euphoria.  NUPL currently sits at +0.52, a level historically associated with

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