Bitcoin Realized Profits Drop 19% During Second Price Peak Compared to August

Data from Axel Adler Jr. indicates that while Bitcoin reached approximately $87,000, profit-taking activity remains weaker than in August. Realized profits during the second price peak were 19% lower than the first, falling from $9.1 billion on August 26 to $7.3 billion on September 24. Realized losses also decreased from $2.6 billion to $1.5 billion over the same period. Short-term holder SOPR has remained above 1 since August 20, indicating that short-term holders are still profitable, though profit margins have narrowed from 2.8% in August to 1% currently.