📈 Bitcoin holders are locking in profits amid rising prices



Amid a more than 20% increase in Bitcoin's value since early April, holders are actively taking profits, according to CryptoQuant. Over the past 30 days, investors have collectively earned +20,000 BTC, marking the first positive result since late December.

Analyst Julio Moreno notes that this event could be a sign of a bear market rally, as current profit-taking volumes are significantly below the historical levels of 130,000–200,000 BTC, typical of a transition to a bull market.
$BTC $ETH $BNB
BTC0.59%
ETH0.79%
BNB0.13%
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