Analysis: BTC realized profits are close to the levels at the end of a bear market, with weekly realized profits at only 1.7 billion dollars

CryptoQuant analyst Darkfost tweeted that the realized profits of BTC across the entire market have almost been completely wiped out. Data shows that the current weekly average realized profit is only about $1.7 billion, which is close to the lows seen at the end of the last bear market. When Bitcoin first broke through $72,000 in March 2024, the weekly realized profit exceeded $25 billion, nearly 15 times the current level. Darkfost pointed out that this reflects a significant redistribution of Bitcoin holdings over the past two years.