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Bitcoin Sees Intense Surge in Realized Profits Following Ascent to $111K: Glassnode

  • Bitcoin investors are aggressively taking profits since reaching an all-time high above $111,000.
  • Glassnode's data shows high profitability levels recorded on less than 8% of trading days.
  • There has been an intense surge in realized profits, with investors capturing at least 16% profit during sales.
  • Long-term BTC holders have also been taking profits, with a substantial amount of volume being realized, particularly by those holding for three to five years.

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