📘 DAY 17/100 — WHEN HOLDERS START TAKING PROFIT. 💰
A wallet can be in profit without selling a single coin.
But when price rises, some holders decide to lock in their gains.
That’s profit-taking.
And on-chain data lets us watch it happen.
📊 REAL EXAMPLE — OCT 8, 2026
BTC had just pushed above $87K.
Holders realized around $1.03B in profit that day — the second-highest daily total of the year, with short-term holders contributing most of it.
Some coins moved toward exchanges as holders took profits. Price later cooled.
Here’s the lesson:
A green wallet doesn’t mean a sale. But rising realized profits can reveal when selling pressure is increasing.
🔥 TODAY’S HOMEWORK
Open Arkham and find a profitable wallet sending BTC to an exchange.
Look at the transfer. Follow the flow.
Then comment:
🟢 TOOK PROFIT
👀 STILL HOLDING
Tomorrow: the opposite side — holders selling at a loss.
83 days left. Missed the earlier lessons? Start today and catch up. 🫡
A wallet can be in profit without selling a single coin.
But when price rises, some holders decide to lock in their gains.
That’s profit-taking.
And on-chain data lets us watch it happen.
📊 REAL EXAMPLE — OCT 8, 2026
BTC had just pushed above $87K.
Holders realized around $1.03B in profit that day — the second-highest daily total of the year, with short-term holders contributing most of it.
Some coins moved toward exchanges as holders took profits. Price later cooled.
Here’s the lesson:
A green wallet doesn’t mean a sale. But rising realized profits can reveal when selling pressure is increasing.
🔥 TODAY’S HOMEWORK
Open Arkham and find a profitable wallet sending BTC to an exchange.
Look at the transfer. Follow the flow.
Then comment:
🟢 TOOK PROFIT
👀 STILL HOLDING
Tomorrow: the opposite side — holders selling at a loss.
83 days left. Missed the earlier lessons? Start today and catch up. 🫡
