Yesterday, $BTC saw $2.46B in realized profits.

The 7-day average just climbed to $1.52B.

Well above this year’s norm, but still far from the $4–5B highs of late 2024.

This isn’t full exit mode… yet.

But it’s a clear sign: sellers are testing the waters again.

How the market absorbs this will shape $BTC’s next move.