{"id":30154,"date":"2025-06-04T11:01:50","date_gmt":"2025-06-04T11:01:50","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=30154"},"modified":"2025-06-04T11:01:50","modified_gmt":"2025-06-04T11:01:50","slug":"bitcoin-sees-intense-surge-in-realized-profits-following-ascent-to-111k-glassnode","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=30154","title":{"rendered":"Bitcoin Sees Intense Surge in Realized Profits Following Ascent to $111K: Glassnode"},"content":{"rendered":"
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Bitcoin investors have been aggressively taking profits since the cryptocurrency recorded a new all-time high (ATH) above $111,000. Although the asset has retracted over the past week and has been consolidating around $105,000, traders are still offloading their bags to realize gains.<\/p>\n

This is evident in Glassnode\u2019s Entity-Adjusted Spent Output Profit Ratio, which shows<\/a> that investors are seeing a high level of profitability recorded on less than 8% of trading days.<\/p>\n

Intense Surge in Realized Profits<\/h2>\n

The market intelligence and research firm stated that Bitcoin investors are undergoing a significant shift towards profit-taking activity. Since BTC had its ATH breakout, the average coin has captured at least 16% profit during the sale, reflecting a notable uptick in profits locked in.<\/p>\n

On May 3, Glassnode also noted<\/a> a significant spike in its Entity-Adjusted Realized Profit. The metric rallied above the $500 million\/hour range three times within a 24-hour period, signaling intense profit-taking activity.<\/p>\n

Investors locking in gains coincided with bitcoin\u2019s brief recovery to $106,780. The asset broke out of the $105,000 region yesterday; however, at the time of writing, it had fallen back, failing to hold above $105,500.<\/p>\n

Long-Term Holders Are Not Left Out<\/h2>\n

Last week, Glassnode revealed<\/a> that long-term BTC holders were not left out of the profit-taking spree. Investors holding BTC for one to five years took profits to the extent that their aggregate volume reached $4.02 billion, the highest since February.<\/p>\n

At the time, it was unclear whether the movement of coins from their wallets was part of a strategic reallocation or profit-taking. However, it is now clear that older Bitcoin investors have been taking profits, and this spending spike is being led by the cohort aged three to five years.<\/p>\n

While profit-taking is in full swing, on-chain data suggests that long-term investors, specifically those in the three- to five-year cohort, are becoming<\/a> exhausted from selling. This group of BTC holders has locked in significant profits each time BTC rallied in March, October, November 2024, and February 2025.<\/p>\n

Currently, their supply share hovers around 12%, meaning they control a significant share of the wealth in the Bitcoin market. This also means that they are likely to sell and collect profits if BTC begins to surge again.<\/p>\n

The post Bitcoin Sees Intense Surge in Realized Profits Following Ascent to $111K: Glassnode<\/a> appeared first on CryptoPotato<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Bitcoin investors have been aggressively taking profits since the cryptocurrency recorded a new all-time high (ATH) above $111,000. Although the asset has retracted over the past week and has been consolidating around $105,000, traders are still offloading their bags to realize gains. This is evident in Glassnode\u2019s Entity-Adjusted Spent Output Profit Ratio, which shows that […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-30154","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/30154","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=30154"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/30154\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=30154"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=30154"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=30154"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}