On-chain, holders are taking less profit. Realized Profit, the gains locked in when coins move above the price at which they last moved, has slowed over the past week to about half its pace in the week of the September high. Realized losses have held steady, and the largest of the past week came in the 24 hours to the morning of October 15, as price slid toward $80K.

A renewed rise in profit taking near $87K would be the first sign that sellers are back at the top of the range.
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