Analyst Darkfost Says Bitcoin Long-Term Holders Are Sitting on About 72% Realized Profit

Bitcoin long-term holders, or LTHs, are currently sitting on realized profits of about 72%, according to analyst Darkfost, who said the group remains in profit but is still far below levels seen at earlier market peaks. He compared the current reading with December 2024, when realized profit for LTHs briefly approached 350%. Darkfost said the present setup points to a relatively mild profit-taking phase for long-term holders rather than an overheated one. In his view, the current level looks similar to conditions seen during the previous bear-market cycle, suggesting that many long-term holders may not feel strong pressure to lock in gains at this stage. Instead, he said, most LTHs are likely to keep holding their Bitcoin rather than move into large-scale profit realization right now. The comments frame current holder behavior as restrained despite the market still being in a profitable zone for long-duration investors.