Glassnode Reveals Shocking Drop in Bitcoin Profit-Taking Despite All-Time Highs

May 23 2025 bitcoin


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: Realized profits are lower in magnitude Long-term holders are holding out Short-term traders are driving the market This combination may signal continued bullish expectations from less speculative $BTC investors. — glassnode (@glassnode) May 22, 2025 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 .

ad1


We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.