In 2024-2025, Bitcoin holders have recorded significant profits, reaching around $260 billion. This event has attracted attention from analysts and investors worldwide.
Growth of Bitcoin Profits
Recent data shows that long-term holders have realized approximately 2.37 million BTC in profits, currently valued at about $260.7 billion. The last time a similar profit level was recorded was during the 2016-2017 bull run when long-term holders realized 3.93 million BTC.
Increased Sell Pressure
Glassnode noted that the spike in realized gains reflects intensifying sell-side activity. Investors are opting to reduce their exposure by capitalizing on Bitcoin's rally. Bitcoin reached a record high of $124,167 on August 14, before retreating to around $110,761, an 11% pullback.
Current Trends in the Cryptocurrency Market
Analysts point out that while long-term holders are locking in record profits, the overall trend in Bitcoin remains positive. Institutional inflows continue, and changes in market structure are influencing the current cycle.
The next phase in the cryptocurrency market may depend on how investors manage their realized profits and how the overall price dynamics of Bitcoin evolve. Monitoring current trends and holder activities will aid in forecasting future market movements.
