Bitfinex: Bitcoin long-term holders have an unrealized profit of about 64%, while recent buyers have only an unrealized profit of 9%

Bitfinex stated that the average holding cost for long-term Bitcoin holders is approximately $49,300, with a current unrealized profit of about 64%; the average cost for recent buyers is around $74,400, with a current unrealized profit of only about 9%.

Bitfinex pointed out that if the BTC price continues to decline, recent buyers may face greater selling pressure first. In contrast, long-term holders have a thicker buffer of unrealized profit.