The profit taking is accelerating while the gain made BTC increases to 2.4 billion dollars

Lucrative activity on the Bitcoin network intensified on Monday, keeping bitcoin

Pressure pressure price on the last day of the second quarter.

The total amount of profits made on the channel reached $ 2.4 billion, with its average amount of seven days to $ 1.52 billion, the highest since the second half of May, according to the data followed by the Blockchain Glassnode analysis company.

“It is above the average YTD of $ 1.14 billion, but still well below ~ $ 4 billion peaks at $ 5 billion (7d SMA) Seen in November – December 2024, “said Glassnode on X.

The beneficiary metric carried out represents the total value of the USD of all the parts displaced on the chain whose price at their last movement was higher than the price of their previous movement.

Read: Who sells bitcoin over $ 100,000 and holding the price rally?

The cash price of the BTC dropped by 1% to $ 107,180 on Monday. Prices have stabilized from $ 100,000 to $ 110,000 since mid-May, with portfolios known to contain parts for the long term liquidation of their assets in the middle of continuous dishes in the funds negotiated in American Bitcoin (ETF).

BTC achieved profit. (Glassnode)

BTC achieved profit. (Glassnode)

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