$BTC holders realized $5.1B in net profit over the past week.
Sounds like a lot until you put it next to previous market tops.
Glassnode says the current level is still relatively modest and looks much closer to late 2023 than the heavy profit-taking seen around major peaks.
Maybe, holders are taking some money off the table, but we aren't seeing the kind of aggressive profit realization that usually comes with overheated markets.
Sounds like a lot until you put it next to previous market tops.
Glassnode says the current level is still relatively modest and looks much closer to late 2023 than the heavy profit-taking seen around major peaks.
Maybe, holders are taking some money off the table, but we aren't seeing the kind of aggressive profit realization that usually comes with overheated markets.
