Bitcoin Bulls Rejoice: Majority of BTC Holders Sitting on Profits
As of May 2025, the scales tip in favor of Bitcoin investors—most wallets are now in the green. Whether this signals a market top or just another mile marker in crypto’s volatile journey depends on who you ask.
Wall Street analysts, meanwhile, are still trying to figure out how to short it without getting burned—again.
99% Bitcoin Investors Rake In Profits
According to data from Sentora, a notable 99% of Bitcoin holders are currently pocketing profits. Amidst this, 0% were at a loss, and 1% were at break-even. This is a bullish sign for the entire market.
Strong ETF inflows, growing institutional interest, and renewed hope in the larger cryptocurrency market are all contributing to this positive attitude. All eyes are on Bitcoin to see if it can eventually surpass its record high in the days ahead, as the vast majority of holders are in the green.
How High Is The King Coin Trading Right Now?
At the time of writing, bitcoin was trading at $106,561.94. This comes after a 1.28% rise over the past 24 hours. The king coin is currently 2.23% from hitting its all-time high. In addition, the world’s first cryptocurrency’s market cap stood at $2.11 trillion following a 1.29% daily increase.
While several believe that the world’s largest cryptocurrency could reclaim its peak later today, a few others suggested that BTC will take its own time. Since the distance between its current price and peak isn’t too much, the odds of BTC hitting this high sooner rather than later were high.