Bitcoin nears $110K as whales resist profit-taking, hinting at stronger conviction and a maturing market structure this cycle.
Net realized profits show recurring patterns, with major rallies prompting sell-offs while corrections see holders crystallize losses.
Despite past corrections, Bitcoin’s price continues to rebound, supported by disciplined investor behavior and sustained bullish sentiment.
According to CryptoQuant, Bitcoin has rebounded to nearly $110,000, approaching its all-time high. Yet, large holders remain hesitant to realize profits. Unlike previous peaks, there’s no widespread selling pressure. Consequently, this signals stronger conviction and potential for further gains. Whales appear content to wait for higher prices, possibly above $120,000, before acting. Hence, the absence of major profit-taking may indicate a maturing market with room to grow.
Profit-Taking Patterns Reflect Market Behavior
The price fluctuations of Bitcoin over the last 18 months show a trend connected to cycles of net realized profit and loss. Amid extreme volatility, Bitcoin traded at almost $40,000. Early in 2024, the first spike drove prices to $70,000. A period of aggressive investor selling followed this surge, which generated net realized profits of over $10 billion.
Source: CryptoQuant
Following this peak, Bitcoin consolidated between $60,000 and $70,000. Net realized profits dropped, showing that most investors held firm. The second surge began in October 2024, lifting Bitcoin past $100,000. Moreover, profits soared to $11 billion, surpassing the March peak. This rally marked a stronger wave of selling, highlighted by intense whale activity.
Corrections Follow Peaks, But Rebounds Persist
After hitting a cycle high of $109,800, Bitcoin corrected sharply. It dropped to nearly $85,000 by early 2025. This decline triggered negative net realized profits, indicating substantial investor losses during the dip. However, the market quickly rebounded. By mid-2025, Bitcoin climbed back near $100,000.
Additionally, the latest data shows moderate profit-taking, but at lower levels compared to earlier surges. The green circle marks this phase, showing steady gains without market overheating. Bitcoin follows a pattern where price increases prompt profit waves. Meanwhile, declines trigger exits with realized losses.
Market sentiment remains bullish as whales continue holding positions. Besides, historical cycles show that breakouts follow consolidation and cooling. Investors now appear more disciplined, with fewer rushing to sell at high levels. This behavior could delay a bubble while supporting further upside momentum.
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Bitcoin Nears All-Time High as Whales Hold Off on Profit-Taking
Bitcoin nears $110K as whales resist profit-taking, hinting at stronger conviction and a maturing market structure this cycle.
Net realized profits show recurring patterns, with major rallies prompting sell-offs while corrections see holders crystallize losses.
Despite past corrections, Bitcoin’s price continues to rebound, supported by disciplined investor behavior and sustained bullish sentiment.
According to CryptoQuant, Bitcoin has rebounded to nearly $110,000, approaching its all-time high. Yet, large holders remain hesitant to realize profits. Unlike previous peaks, there’s no widespread selling pressure. Consequently, this signals stronger conviction and potential for further gains. Whales appear content to wait for higher prices, possibly above $120,000, before acting. Hence, the absence of major profit-taking may indicate a maturing market with room to grow.
Profit-Taking Patterns Reflect Market Behavior
The price fluctuations of Bitcoin over the last 18 months show a trend connected to cycles of net realized profit and loss. Amid extreme volatility, Bitcoin traded at almost $40,000. Early in 2024, the first spike drove prices to $70,000. A period of aggressive investor selling followed this surge, which generated net realized profits of over $10 billion.
Source: CryptoQuant
Following this peak, Bitcoin consolidated between $60,000 and $70,000. Net realized profits dropped, showing that most investors held firm. The second surge began in October 2024, lifting Bitcoin past $100,000. Moreover, profits soared to $11 billion, surpassing the March peak. This rally marked a stronger wave of selling, highlighted by intense whale activity.
Corrections Follow Peaks, But Rebounds Persist
After hitting a cycle high of $109,800, Bitcoin corrected sharply. It dropped to nearly $85,000 by early 2025. This decline triggered negative net realized profits, indicating substantial investor losses during the dip. However, the market quickly rebounded. By mid-2025, Bitcoin climbed back near $100,000.
Additionally, the latest data shows moderate profit-taking, but at lower levels compared to earlier surges. The green circle marks this phase, showing steady gains without market overheating. Bitcoin follows a pattern where price increases prompt profit waves. Meanwhile, declines trigger exits with realized losses.
Market sentiment remains bullish as whales continue holding positions. Besides, historical cycles show that breakouts follow consolidation and cooling. Investors now appear more disciplined, with fewer rushing to sell at high levels. This behavior could delay a bubble while supporting further upside momentum.
The post Bitcoin Nears All-Time High as Whales Hold Off on Profit-Taking appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.