Okay, buckle up crypto fam, because this is weird. Glassnode just dropped a report that shows Bitcoin smashing through all-time highs – hitting a glorious peak in May 2025 – but… the profit-taking is way down. Seriously, a measly $1 billion in realized profit. That’s less than HALF what we saw back in December 2024! What the actual fork is going on?
It seems like we’re in a short-term trader’s paradise right now. A whopping 76.9% of Bitcoin is held by folks who’ve had it for less than a month. That’s a LOT of quick flips.
Here’s a little background for those new to the game:
Realized profit is the actual money investors cash out when selling Bitcoin at a profit. A surge in realized profit usually indicates a major top is near, as holders decide to take gains. A drop, like we’re seeing, signifies something else…
Long-term holders, the diamond hands who’ve been stacking sats for 6+ months, aren’t budging much – they now represent only 13.4% of the total. They’re holding tight, which is a bullish sign, suggesting belief in future price increases.
Now, here’s where it gets juicy. As Bitcoin rockets past $111,500, I’m seeing a lot of chatter about investors shifting their focus to altcoins. Smart money is always looking for the next x100 opportunity, and right now, some are betting it’s not just Bitcoin. This could signal a potential rotation in market dominance – a shift in where the money really is. Keep your eyes peeled, people, things are about to get interesting. This isn’t your grandpa’s Bitcoin rally, folks!
