From Profit-Taking to Loss Realization: A Shift in Bitcoin Dynamics, According to CryptoQuant

CryptoQuant, a company specializing in on-chain analysis of digital assets, released its weekly market report on the 22nd, analyzing that Bitcoin (BTC) has shifted from a state of profit-taking to loss realization over the past 30 days.

For the first time since October 2023, Bitcoin holders have begun to record net losses. Since December 23, they have accumulated losses equivalent to 69,000 BTC. Moreover, the peak number of Bitcoins being profit-taken is also declining.

The momentum for profit-taking has been steadily decreasing since early 2024, with the peaks in January 2024, December 2024, July 2025, and October 2025 showing...