As Bitcoin surged to $21k, investors lock-in the most amount of profit since April 2022 on a 7-day basis

exchange68September 13, 2024

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Definition

Net Realized Profit/Loss is the net profit or loss of all moved coins and is defined by the difference between Realized Profit – Realized Loss.

Quick Take

As Bitcoin surged from $17k to $21K starting from Jan. 11, investors took the opportunity to make profits.
Investors have taken nearly $2B in realized profits since Jan. 11.
On a seven-day basis, realized profit has amounted to over $125M, the highest profit-locked since April ’22.

Realized Profit and Loss: (Source: Glassnode)

Analyst

James Van Straten

Former Lead Analyst at CryptoSlate

James fervently appreciates data, technology, and trend-spotting. As a tech and liberty maximalist, he hails Bitcoin as the 21st century’s paramount invention.

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