CryptoQuant: The profit-taking level of BTC holders remains low, and the upward trend may continue

ChainCatcher news, CryptoQuant indicates that even if Bitcoin breaks through $126,000 this week to set a new high, the market's profit-taking levels remain relatively low.

In the past 30 days, the total net realized profit of Bitcoin holders has been 260,000 BTC (approximately $30 billion), down about 50% from 530,000 BTC ($63 billion) in July, and far below the peaks in March and December 2024 (which were $78 billion and $99 billion, respectively). CryptoQuant states that low realized profits mean investors are more inclined to hold rather than cash out, suggesting that "the upward trend of Bitcoin may continue, and we are still some distance from the true peak." CryptoQuant also added that, from an annual trend perspective, net realized profits are still on the rise, and this metric has historically been closely related to enhanced price momentum.