💰 Long-term holders are locking in profit after Bitcoin’s rally to new ATHs
Since Nov. 12, the Bitcoin market has entered a phase of significant profit-taking, with daily realized profits averaging around $5 billion — marking the highest profit levels in over a month, according to CryptoQuant data. On Nov. 12, Bitcoin investors recorded $5.1 billion in profits as the asset traded near $88,000. By Nov. 13, profits declined slightly to $4.75 billion but rose again to $4.8 billion on Nov. 14, with Bitcoin’s price reaching a new all-time high above $93,000.
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@Bitcoin_Blockchain_Trading