Bitcoin had a very interesting 2025. The currency has experienced both exciting upswings, and deep corrections within a short period of time. This latest upswing suggests that interest in and confidence towards the largest cryptocurrency of the world has returned.
Bitcoin’s price is now at a new high after surpassing the previous record-breaking price. new high of $111,814 — reached on Thursday, May 22. Often, a new all-time high price is followed by a significant correction as investors tend to want to cash in on their profits.
However, recent on-chain revelation suggests this Bitcoin bull run might be here to stay — and maybe for a longer period than expected.
Analysts say that the market top is not yet signaled by realized profits
Darkfost, a crypto-analyst on the chain of Bitcoin, posted a message on the social media platform X on May 23, 2018. revealed It is important to note that Bitcoin’s net realized profit remains normal even during the bull phase. The Net Realized profit/loss indicator is what supports this claim. This metric measures net profits or losses (in USD) for all coins on the network within a given timeframe.
This on-chain measure is calculated by finding out the difference between realized profits and losses of crypto investors. The metric shows positive values when coins are spent for a price higher than the one at which they were purchased, leading to a net gain.
Negative values, on the other hand indicate that coins were spent for a lower price than when they were purchased, leading to a loss. Neutral values indicate that coins are spent near their purchase price.
Darkfost shared on-chain information with Darkfost. realized profits The current level is around 104,000 BTC, which roughly equates to $11 billion. The analyst, however, pointed out that while this figure is substantial, it still falls short of the 350,000 BTC threshold level (a level which has historically signaled potential tops and preceded major correctional movements of Bitcoin).
Darkfost concluded from the data highlighted that Bitcoin’s bull market is at its normal net profit level. Analyst noted that profit-taking is necessary in a bullish market and implicitly warned investors against being afraid.
Darkfost on profit taking:
This is what helps to sustain bullish market momentum and keeps investors interested in the markets.
Bitcoin Price at a Glance
Bitcoin has fallen by more than 2% in just the past 24 hour.
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Source: www.newsbtc.com
