1 day ago
Bitcoin (BTC) has fallen much than 7% dipping beneath $115,000, since hitting its all-time precocious of implicit $124,000, arsenic traders booked successful implicit $3.5 cardinal of realized profits crossed the weekend, according to Glassnode data.
Saturday unsocial saw $3.3 cardinal successful nett taking, the largest single-day fig since mid-July and 1 of the highest successful 2025.
For astir of this year, nett has been realized astir daily, with lone astir 10 sessions showing nett losses. The inclination reflects BTC’s dependable ascent from $90,000 astatine the commencement of 2025.
Since hitting a debased of $76,000 successful April, nett taking has accelerated, particularly arsenic the $100,000 milestone triggered renewed selling pressure.
This latest downturn follows bitcoin’s all-time precocious of $124,000 earlier successful August. Each correction this twelvemonth from all-time highs, has been smaller than the last, suggesting much resilience arsenic the marketplace matures: January’s drawdown reached 30%, May’s was 12%, July’s 9%, and August’s pullback present sits astatine 8%.
Read more: Metaplanet Expands Bitcoin Treasury by 775 BTC, Assets Outweigh Debt 18-Fold
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