NewsBTC

26 April 2025

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Bitcoin Investors Realize $139 Million Profit Per Hour Amid Rally

According to a report by Glassnode, Bitcoin investors have achieved an hourly realized profit 17% above the baseline during a recent rally.

Key Findings

• Bitcoin's Realized Profit peaked at $139 million per hour, up from a baseline of $120 million.
• The increase coincides with a BTC price rally, indicating strong selling activity among investors.
• Short-term holders (STHs), who bought within the last 155 days, are primarily realizing profits.
• The Spent Output Profit Ratio (SOPR) for STHs remains above 1.0, indicating profit-taking dominates over loss-taking.
• Bitcoin's current price is approximately $94,600, reflecting a nearly 12% increase over the past week.

Glassnode suggests that if the market can manage profit realization without significant dips, it could indicate positive momentum ahead. However, failure to maintain these levels may suggest a temporary recovery rather than a sustained upward trend.