After a long crypto winter, Bitcoin miners and average BTC investors are now back in the black, according to a report today from blockchain intelligence firm Glassnode.

Bitcoin rallied over the weekend and is now trading above $20,000 for the first time since the spectacular collapse of Sam Bankman-Fried’s FTX. This means it’s now profitable again for mining companies to run the expensive hardware necessary to mine the Bitcoin network. It also means that your average Bitcoin hodler, if they sold their stash now, would no longer be selling for a loss.

Glassnode estimates that Bitcoin's "realized price," the average price that current investors paid for BTC, is at around $19,700. The average price that Bitcoin traded for in the 155 days is $18,000, says Glassnode. In either case, Bitcoin is now trading well above that mark, today changing hands at move $21,000.