Glassnode Reveals Shocking Drop in Bitcoin Profit-Taking Despite All-Time Highs
- Bitcoin’s profit-taking volume dropped to $1.00 billion, less than half of December’s $2.10B.
- New traders are now leading Bitcoin’s market, while long-term holders are less active.
- Bitcoin’s price surge may lead investors to shift focus to altcoins for higher returns.
Glassnode reported that even though Bitcoin hit a new all-time high, the amount being sold for profit dropped. Bitcoin’s profit-taking at the May 2025 all-time high was only $1 billion, compared to over $2 billion in December 2024. Investors’ behavior is different now, even when the price of Bitcoin goes up.
In short:
— glassnode (@glassnode) May 22, 2025Realized profits are lower in magnitude
This combination may signal continued bullish expectations from less speculative $BTC investors.
The data shows a significant shift in Bitcoin’s coin age distribution. As of May 2025, 76.9% of Bitcoins are less than one month old, a sharp increase from 44.6% in December 2024. Meanwhile, coins older than six months have become less active, dropping to 13.4% in May 2025 from 24.7% in December 2024. This suggests short…
The post Glassnode Reveals Shocking Drop in Bitcoin Profit-Taking Despite All-Time Highs appeared first on Coin Edition.
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Glassnode Reveals Shocking Drop in Bitcoin Profit-Taking Despite All-Time Highs
- Bitcoin’s profit-taking volume dropped to $1.00 billion, less than half of December’s $2.10B.
- New traders are now leading Bitcoin’s market, while long-term holders are less active.
- Bitcoin’s price surge may lead investors to shift focus to altcoins for higher returns.
Glassnode reported that even though Bitcoin hit a new all-time high, the amount being sold for profit dropped. Bitcoin’s profit-taking at the May 2025 all-time high was only $1 billion, compared to over $2 billion in December 2024. Investors’ behavior is different now, even when the price of Bitcoin goes up.
In short:
— glassnode (@glassnode) May 22, 2025
This combination may signal continued bullish expectations from less speculative $BTC investors.
The data shows a significant shift in Bitcoin’s coin age distribution. As of May 2025, 76.9% of Bitcoins are less than one month old, a sharp increase from 44.6% in December 2024. Meanwhile, coins older than six months have become less active, dropping to 13.4% in May 2025 from 24.7% in December 2024. This suggests short…
The post Glassnode Reveals Shocking Drop in Bitcoin Profit-Taking Despite All-Time Highs appeared first on Coin Edition.
Read More
Bitcoin Sinks Below $109K After Trump Pushes 50% EU Tariff