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Crypto investors holding the apical 5 integer assets by marketplace capitalization for much than 1 period person realized astir $2.8 cardinal successful profits implicit the past month, according to data from Glassnode.
According to the blockchain analytics firm, the crypto marketplace is opening to amusement signs of contractions owed to the important profit-taking crossed Bitcoin, Ethereum, Solana, XRP, and Tron arsenic traders sought to fastener successful gains from caller marketplace strength.
Bitcoin drives the bulk of realized gains
Glassnode’s information shows that Bitcoin led the profit-taking among these integer assets, accounting for much than 50% of the activity.
On July 18, Bitcoin holders who had owned the flagship crypto for much than a period realized implicit $1.5 cardinal successful gains. According to Glassnode, this is the largest azygous nett withdrawal since December 2024.
Bitcoin Realized Profit (Source: Glassnode)Notably, the profit-taking spike coincided with Bitcoin price climbing supra $119,000, good supra its existent level of $113,000. This means the rally provided an charismatic accidental for investors to fastener successful returns portion sentiment remained bullish.
Meanwhile, Ethereum, the second-largest integer plus by marketplace capitalization, followed a akin trajectory.
Ethereum Realized Profit (Source: Glassnode)On Aug. 16, semipermanent ETH holders pulled astir $575 cardinal from the market, marking the largest nett lawsuit for the token successful this cycle.
Interestingly, this question of selling has contributed to an 11% diminution successful Ethereum’s price implicit the past week, bringing it down to $4,177.
XRP leads profit-taking among large altcoins
Other large cryptocurrencies besides recorded notable profit-taking events during the past month.
Solana investors realized implicit $105 cardinal connected Aug. 17, marking the astir important withdrawal since the aboriginal 2025 terms surge supra $200.
Solana Realized Profit (Source: Glassnode)Meanwhile, XRP holders followed suit, taking profits of astir $375 cardinal connected July 24, signaling a organisation signifier reminiscent of December 2024’s rally, which was catalyzed by Donald Trump’s predetermination victory.
XRP Realized Profit (Source: Glassnode)Additionally, the Justin Sun-linked Tron web investors besides posted a grounds nett realization of $230 cardinal connected Aug. 6, the highest successful the network’s history.
Tron Realized Profit (Source: Glassnode)The station Bitcoin leads $2.8 cardinal nett question amid marketplace contraction concerns, Glassnode information shows appeared archetypal connected CryptoSlate.
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