As Bitcoin prices reach three-month highs, profit-taking among investors may increase, according to Julio Moreno, the head of research at the on-chain analytics platform CryptoQuant. This trend is evident as holders realized profits amounting to 14,600 $BTC, translating to $1.1 billion on Monday alone. Moreno noted that this marks the highest single-day profit-taking since December 10 when $BTC was valued above $90,000.
The surge in realized profits among Bitcoin holders follows an April rally. Source: CryptoQuant
The Short-Term Holder Spent Output Profit Ratio (STH-SOPR), which measures profit-taking by wallets holding $BTC for less than 155 days, has also climbed above 1—a threshold indicating clear profit-taking activity. He stated:
“Bitcoin holders are realizing over 20,000 $BTC in net profits on a rolling basis of thirty days; this is the first positive reading since December 22, 2025—following a period of significant net losses during February and March that reached as deep as 398,000 $BTC.
Moreno pointed out that spikes in realized profits during bearish phases often indicate local price peaks or sideways movements; despite these rising profits, demand has not kept pace with supply and $BTC continues to operate within a bear market.
The STH-SOPR metric suggests short-term holders are capitalizing on their investments. Source: CryptoQuant
Related: Diverging opinions arise regarding whether Bitcoin’s recent ascent signals a ‘supercycle’ or merely a bear-market rally after breaking past $81K.
Sustained Inflows into Bitcoin ETFs Amidst Market Uncertainty
This week has seen robust inflows into Bitcoin exchange-traded funds (ETFs), with four consecutive days of positive inflow data reported by Farside Analytics.
Total ETF inflows exceeded $1 billion for the week before experiencing an outflow of $268.5 million last Friday according to Farside’s findings.
A divide persists among analysts regarding whether $BTC has hit its lowest point or if further declines lie ahead in this ongoing bear market.
<p Michael Terpin , an early investor in Bitcoin shared insights with Cointelegraph suggesting that he anticipates potential bottoming around $57K by October of next year based upon historical pricing trends where BTC typically reaches cycle lows approximately one year post-cycle peaks . Terpin expressed skepticism about achieving reclaiming levels exceeding $100K anytime soon , deeming such prospects unlikely .
Magazine : Veteran trader Peter Brandt asserts that it’s improbable for bitcoin values reaching upwards towards one million dollars by year twenty thirty .
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FAQ Section:
- <strongWhat does it mean when investors take profits from their Bitcoin holdings?: Profit-taking refers to selling assets like cryptocurrencies once they have appreciated significantly in value so investors can realize gains rather than risk losing them if prices drop again.
- <strongWhy is there concern about demand not catching up with supply?: If demand lags behind supply during periods where many sell off their holdings due largely due speculative reasons it could lead downward pressure affecting overall market stability potentially causing further price drops moving forward!
- How do analysts predict future trends for BTC ? : Analysts often rely historical patterns alongside current metrics analyzing various factors influencing cryptocurrency markets such trading volumes ETF activities sentiment analysis etc., allowing them formulate educated predictions regarding possible outcomes ahead!
<strongIs there any consensus among experts about BTC hitting certain price levels? : No consensus exists currently amongst experts varying widely opinions ranging from bullish forecasts predicting recovery while others caution against deeper corrections potentially leading lower valuations!
<strongCan I trust all information presented here? : It’s advisable always conduct your own research verifying claims made through multiple sources ensuring comprehensive understanding before making investment decisions !