Mareena

08/05 13:11

Are realized profits cooling, or just taking a bre

Are realized profits cooling, or just taking a breather at $1.4 billion?

Following Galaxy Digital's 80,000 BTC distribution, net realized profit and loss (NPL) spiked to $3.2 billion before plummeting back to $1.4 billion.

This decline suggests the market is beginning to digest the new supply, but it hasn't triggered a significant price correction.

Even so, profit-taking remains elevated. While the aggressive sell-off has cooled, current levels still suggest caution—BTC hasn't yet re-entered a clean accumulation phase.

#Will Bitcoin fall in August?#HTX Crypto Gifts Carnival Is Live!#Do you think TREE is promising? #Buy Bitcoin’s dip,’ says Eric Trump#Do you think Tanssi is promising?

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