CryptoQuant Reports No Bitcoin Price Peak Signs Despite Recent Rally
On-chain analytics firm CryptoQuant reports no signs of a Bitcoin price peak according to the Net Realized Profit/Loss indicator.
Key Points
- The Bitcoin Net Realized Profit/Loss measures whether investors are selling at a net profit or loss by comparing transaction history prices with current spot prices.
- The 1-year sum of this metric, denominated in BTC, shows fluctuations over recent years.
- It peaked at 5.1 million BTC in January 2025 during significant profit-taking periods.
- Afterward, a decline occurred due to bearish market conditions but has since resumed an upward trend alongside Bitcoin's rally to a new all-time high.
- The current value is 4.4 million BTC, lower than the January 2025 peak and the October 2021 high of 7.7 million.
- CryptoQuant suggests the Bitcoin rally is ongoing with no immediate signs of a price peak.
BTC Price
- Bitcoin's price is currently around $122,700 after reaching an ATH above $126,000.
