Santiment: Bitcoin Realized Profits Outpaced Losses by $3.3B in October 2–8
- —Realized profits topped losses by over $3.3 billion in the October 2–8 window
- —All seven days of the week closed with profits outweighing losses
- —Net realized profit was about $3.4 billion in late September
- —The August 14–20 week saw a net realized loss of roughly $1 billion
Why it matters: The data suggests the pullback is profit-taking rather than capitulation, lowering the risk of a prolonged selloff.
Source: Koin Bülteni