BTCUSD Nears $80k Amidst Record Unrealized Profits

The price of BTCUSD has climbed towards $80,000, with short-term holders' average unrealized profit at around 15%, its highest since July 2025. The estimated cost basis for these profits is approximately $70,100.

A recent analysis suggests that the current price pause near $80k may boost trading and volatility in the market. This is due to the accumulation of larger wallets while smaller wallets were net sellers during the recent BTCUSD rally.

BTC has historically lagged M2 growth, acting as a short-term liquidity signal rather than a debasement hedge. However, a potential surge in Fed money-printing within 16-18 months could lead to a BTC price increase.