With substantial unrealized profits established, we need to assess whether investors are actually taking profits. Daily on-chain transaction data reveals realized profit magnitudes.
Despite trading near all-time highs, realized profits remain surprisingly muted at around $872M per day. This is significantly lower than the $2.8B seen at the $73K peak and $3.2B during the $107K high.
The restrained profit-taking suggests investors are holding rather than selling, even with prices close to record levels.
