The post Bitcoin Sees Intense Surge in Realized Profits Following Ascent to $111K: Glassnode appeared on BitcoinEthereumNews.com.

Bitcoin investors have been aggressively taking profits since the cryptocurrency recorded a new all-time high (ATH) above $111,000. Although the asset has retracted over the past week and has been consolidating around $105,000, traders are still offloading their bags to realize gains. This is evident in Glassnode’s Entity-Adjusted Spent Output Profit Ratio, which shows that investors are seeing a high level of profitability recorded on less than 8% of trading days. Intense Surge in Realized Profits The market intelligence and research firm stated that Bitcoin investors are undergoing a significant shift towards profit-taking activity. Since BTC had its ATH breakout, the average coin has captured at least 16% profit during the sale, reflecting a notable uptick in profits locked in. On May 3, Glassnode also noted a significant spike in its Entity-Adjusted Realized Profit. The metric rallied above the $500 million/hour range three times within a 24-hour period, signaling intense profit-taking activity. Investors locking in gains coincided with bitcoin’s brief recovery to $106,780. The asset broke out of the $105,000 region yesterday; however, at the time of writing, it had fallen back, failing to hold above $105,500. Long-Term Holders Are Not Left Out Last week, Glassnode revealed that long-term BTC holders were not left out of the profit-taking spree. Investors holding BTC for one to five years took profits to the extent that their aggregate volume reached $4.02 billion, the highest since February. At the time, it was unclear whether the movement of coins from their wallets was part of a strategic reallocation or profit-taking. However, it is now clear that older Bitcoin investors have been taking profits, and this spending spike is being led by the cohort aged three to five years. While profit-taking is in full swing, on-chain data suggests that long-term investors, specifically those in the three-…

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Filed under: News - @ June 4, 2025 11:23 am