According to Glassnode monitoring, the profit-taking activity on the Bitcoin network has increased again. Yesterday, Bitcoin realized profits reached $2.46 billion, and the 7-day moving average (SMA) rose to $1.52 billion, exceeding the average level of $1.14 billion so far this year, but still below the peak levels during November to December 2024, when the 7-day SMA was around $4-5 billion.
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Xiniany
· 07-01 08:45
According to Glassnode monitoring, the profit-taking activity on the Bitcoin network has increased again. Yesterday, Bitcoin realized profits reached $2.46 billion, and the 7-day moving average (SMA) rose to $1.52 billion, exceeding the average level of $1.14 billion so far this year, but still below the peak levels during November to December 2024, when the 7-day SMA was around $4-5 billion.
According to Glassnode monitoring, the profit-taking activity on the Bitcoin network has increased again. Yesterday, Bitcoin realized profits reached $2.46 billion, and the 7-day moving average (SMA) rose to $1.52 billion, exceeding the average level of $1.14 billion so far this year, but still below the peak levels during November to December 2024, when the 7-day SMA was around $4-5 billion.