Key points:
-
Bitcoin investors are taking full advantage of the highest prices levels in several months when charging the profits.
-
These are an average of $ 1 billion per day, which leads to groups that the return of the market can stop or even revert.
-
Institutional participation has not led to a change in mentality, says Cryptquant.
Bitcoin (BTC) Risks a “local or acute correction” if current levels of profits continue, warns new research.
In a “Quicktake” blog post on May 8, the Ochain Cryptoquant analysis platform marked profits made among BTC investors.
BTC Spikes to obtain profits to the maximum of January
The profits made in Bitcoin have shot MultiMos Multimontal this week, since BTC/USD reached about $ 98,000.
For Cryptoquant, the market is becoming comparable at the end of 2024, when the couple broke the old maximums of all time and reached $ 100,000 for the first time.
“Even after a positive price action after the fall of March-April in 2025, the profits remains aggressive. Maybe not as November-December 2024 but still high,” wrote the collaborator Kripto Mevsimi.
“This is historical consisting of the behavior of the upward market of the late stage, where it dominates the profits, even as the price continues to increase.”
Cryptoquant Data puts the current 7 -day mobile average gain in Hodler’s spectrum at approximately $ 1 billion per day.
“If we look back in similar cycles (for example, 2021), this phase of a preceded or acute local correction, especially when the earning blow remained high and continuous,” he continued.
Does not hide from Bitcoin “investor psychology”
As Cointelegraph reported, some market commentators have argued that Bitcoin’s investment panorama has a fundamental thanks to the increase in institutional participation.
Related: Bitcoin pushes for $ 98k ax 2025 feed rate ‘pessimistic’ probability cut
The main of the new players are the funds quoted by Bitcoin Exchange (ETF) of the United States, the largest of which, Blackrock’s Ishares Bitcoin Trust (Ibit), has seen net tickets every day for more than two weeks.
In spite of this, Kripto Mevsimi argues that the underlying reactions to BTC price changes remain the same.
“Since Spot ETFS was launched in January 2024, the market structure has changed, but investors’ psychology has not done it,” he summarized.
This article does not contain advice or investment recommendations. Each investment and trade movement implies risk, and readers must carry out their own investigation by making a decision.
