CoinScoopCryptoQuant Warns of Potential Bitcoin Correction Amid Rising Profit-Taking
CryptoQuant research head Julio Moreno stated that Bitcoin's unrealized profit margin has climbed to 33%, the highest level since December 2024. Simultaneously, profit-taking has reached 25,700 BTC, a peak since 2026. Moreno noted that the concurrent rise in unrealized profits and profit-taking suggests waning upward momentum and a potential market correction.
Summaries are written by AI from the original article. Not investment advice.