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Bitcoin unrealized profit margin has spiked to its highest level since December 2024.
This often results in investors booking their profits, which leads to a market correction.
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Bitcoin's Rare August-September Streak Puts $100K In View This 'Uptober' $BTC
Bitcoin is looking particularly interesting here as it challenges key resistance at $80k. If it breaks it will confirm a double bottom targeting $100k.
Bitcoin's 'Last Resort' Quantum-Safe Solution Just Got 79% Cheaper: StarkWare
Bitcoin's up ~40% off the June lows and half the timeline is already taking profits. The hard part of a bull market isn't buying. It's staying bored while it works.
Bitcoin ETF Daily Flow - US$
Invesco (BTCO): 0 million
Bitcoin ETF Daily Flow - US$
Fidelity (FBTC): 12.9 million
Bitcoin ETF Daily Flow - US$
VanEck (HODL): 0 million
Bitcoin ETF Daily Flow - US$
WisdomTree (BTCW): -4 million
Bitcoin ETF Daily Flow - US$
Franklin (EZBC): 4.9 million
