📊 Bitcoin Profit-Taking Update
Bitcoin holders have realized around $5.1B in net profits over the past week.
According to Glassnode, this remains a moderate level, more similar to late 2023 than previous major market tops.
The data suggests profit-taking is happening, but it’s not yet at extreme levels. 👀
#Bitcoin #BTC #Crypto #CryptoMarket #Glassnode #BullMarket #BTCUpdate
Bitcoin holders have realized around $5.1B in net profits over the past week.
According to Glassnode, this remains a moderate level, more similar to late 2023 than previous major market tops.
The data suggests profit-taking is happening, but it’s not yet at extreme levels. 👀
#Bitcoin #BTC #Crypto #CryptoMarket #Glassnode #BullMarket #BTCUpdate
