Bitcoin Realized Profits At Normal Levels — BTC Upward Run To Continue?
Summary
Bitcoin reached a new all-time high of $111,814 on May 22, 2025, indicating renewed interest and confidence in the cryptocurrency. Historically, such peaks are often followed by corrections as investors take profits. On-chain analysis by Darkfost reveals that net realized profits for Bitcoin investors are currently normal for a bull market, with approximately 104,000 BTC (around $11 billion) in realized profits. This figure is below the 350,000 BTC threshold that has previously indicated market tops and major corrections. Darkfost suggests that current profit-taking levels do not signal a market top, advising against investor fear. As of now, Bitcoin's price is approximately $108,360, reflecting a decline of over 2% in the last 24 hours.