Long‑term holders of Bitcoin may need to see a fresh high around $140,000 before they enjoy the same kind of profits they saw earlier this cycle.
According to CryptoQuant, that price point lines up with past peaks in realized gains for those who have kept their coins untouched for at least six months.
‘Market Magnet’ Theory
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CryptoQuant used the Market Value to Realized Value (MVRV) ratio to track how deep in profit holders are right now. Based on reports, the average realized profit for long‑term holders stands at about 220%.
That sounds healthy. But in March and December 2024, holders were sitting on roughly 300% and 350% gains, respectively.
The gap between today’s 220% and those earlier highs is what Darkfost, a CryptoQuant contributor, calls
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