ChainCatcher message, Glassnode's analysis indicates that investors who held positions for more than 1 month (excluding day traders) have recently taken significant profits, leading to signs of contraction in the cryptocurrency market. Multiple major crypto assets experienced a significant peak in profit realization during July-August 2025.
BTC recorded over $1.5 billion in profit-taking on July 18, the largest scale since December 2024. ETH peaked at $575 million in profit realization on August 16, indicating that long-term holders are avoiding risks. SOL followed closely, realizing over $105 million in profits on August 17, setting a new high since early 2025.
At the same time, XRP's profit-taking soared to $375 million on July 24, showing a distribution pattern similar to the rebound in December 2024. TRX reached a historical profit realization level of $230 million on August 6, reflecting the selling pressure faced by altcoins in general.
