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

Bitcoin Investors Cash Out as Profit-Taking Signals Bull Market Peak

Bitcoin investors are cashing out aggressively following the recent price surge, a behavior typically observed in the late stages of a bull market. This profit-taking spree is evident in the 7-day moving average of net realized profit/loss, which has been predominantly positive since early 2024. At its peak, this metric soared to $1 billion a day as Bitcoin approached new all-time highs last year. Source

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

Bitcoin profit-taking "dominates" as price continues to rise, and this can easily extinguish the bull market comeback, research from CryptoQuant warns. Key points:Bitcoin investors are making the most of the highest price levels in several months by cashing out profits.These are averaging $1 billion per day, leading to concerns that the market comeback may stall or even reverse.Institutional participation has not led to a change in mindset, Cryp…

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

Bitcoin profit-taking raises alarm over the fate of the bull market as investors keep cashing out BTC.