Bitcoin $1B daily realized profits signal 'late-stage bull market'

Quick Summary:

Maybe not like November-December 2024 but still high,” contributor Kripto Mevsimi wrote.“This is historically consistent with late-stage bull market behavior — where profit-taking dominates, even as price continues to rise.”Bitcoin net realized profit and loss.

Source: CryptoQuantCryptoQuant data puts the current 7-day moving average realized profit across the hodler spectrum at approximately $1 billion per day.“If we look back at similar cycles (e.g.2021), this phase often preceded a local top or sharp correction, especially when profit-taking stayed high and continuous,” it continued.

Despite this, Kripto Mevsimi contends that underlying reactions to BTC price changes remain the same.“Since spot ETFs launched in January 2024, market structure has changed — but investor psychology hasn’t,” he summarized.

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Article Details

Author / Journalist: Cointelegraph by William Suberg

Category: Crypto

Markets: United States

Topics: Profit Bitcoin Price Investment Research Realized Market Cryptoquant Continues Profit-taking 2024

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-07 @ 16:52:16 (1 days ago)

News Timezone: GMT -5:00

News Source URL: cointelegraph.com

Language: English

Article Length: 339 words

Reading Time: 2 minutes read

Sentences: 13 lines

Sentence Length: 27 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Coin Telegraph

News ID: 28473756

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