When the Bitcoin realized profit data tells a different story from the market panic, it’s worth looking twice. $BTC recently dropped to $80,500, triggering talk that holders were capitulating and selling at a loss. But Santiment insights point to something quite different: the broader network realized billions more in profits than losses.
Bitcoin Realized Profit Tells A Different Story
From October 2 to 8, holders realized more than $3.3 billion in net profits, according to the Santiments data. Not exactly the picture of widespread losses that capitulation claims suggest.
