Bitcoin Realized Profit Plummets 76%, Indicating Reduced Price Volatility Following $100,000 Surge and Stabilization Trends
Bitcoin has seen a significant drop in realized profit, down 76% after briefly reaching $100,000. Following this surge, the price fell nearly 10% within a day, causing over $303 million in liquidations. Analysts suggest that this decline points to reduced sell-side pressure, which may lead to less dramatic price drops in the future. Despite a ...