Bitcoin holders are cashing out, just not the way they did at prior market tops: Crypto Daily
Summary
Bitcoin has risen 44% this quarter to nearly $85,000, prompting holders to realize $2.4 billion in profits—well below the $7 billion to $10 billion seen at past market tops. Spot bitcoin ETFs recorded $2.84 billion in net inflows over six days and are nearly $800 million positive for the year. Ether also showed supportive flows, with about 410,000 ETH leaving exchanges and spot ether ETFs attracting $680 million over four sessions. Major crypto assets showed no immediate weakness after the $452 million Bitget hack. Solana is trading above its 365-day average, a possible sign of a long-term trend shift.
