On-chain analytics firm Glassnode released an analysis on the 24th regarding the profit realization trends of Bitcoin (BTC) holders. While holders are realizing profits, the scale remains relatively small, with net realized profits over the past seven days amounting to $5.1 billion (approximately ¥806 billion at an exchange rate of 158 yen per dollar).
The company noted that this level is closer to the scale seen at the end of 2023 rather than the magnitudes observed during past major highs...