<ul data-eligibleForWebStory="false"><li>Bitcoin has surged to around $110,000, approaching its all-time high, with minimal profit-taking activities observed amid this rally.</li><li>This unusual behavior suggests a strong bullish sentiment among key market players, as indicated by CryptoQuant's data.</li><li>The Net Realized Profit and Loss (NRPL) chart by CryptoQuant further supports this observation, showing muted profit-taking despite Bitcoin's high price.</li><li>The subdued profit-taking signifies a strong conviction among holders, with whales expected to wait for higher prices before selling, potentially leading to further price appreciation.</li></ul>

Bitcoin Nears All-Time Highs with Unprecedented Lack of Profit-Taking

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