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Shamii

07/08 07:03

Profit-taking fizzles out CryptoQuant’s Net Reali

Profit-taking fizzles out

CryptoQuant’s Net Realized Profit and Loss dropped significantly since the 4th of July. After peaking at $9.08 billion in total Realized Profit, it declined sharply, with the Realized Profit sitting at just $315 million on the 7th of July.

More notably, Exchange Depositing Addresses also fell to just 22,000, a low not seen since 2016.

That’s a strong signal: Bitcoin first strategies are dominating again, with investors preferring cold wallets over quick exits.

In fact, AMBCrypto previously reported that whales have resumed accumulation after a year-long hiatus. The broader market euphoria to sell has diminished.

Whales holding between 10,000 and 100,000 BTC re-entered the market in March and July. During this time, BTC achieved high profitability, yet whale behavior remained patient. They didn’t sell—they accumulated.1751958182096.png


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