Bitcoin Realized Profits At Normal Levels — BTC Upward Run To Continue?

Q: How long will it take to read this news story?

The story "Bitcoin Realized Profits At Normal Levels — BTC Upward Run To Continue?" has 390 words across 66 sentences, which will take approximately 2 - 4 minutes for the average person to read.

Q: Which news outlet covered this story?

The story "Bitcoin Realized Profits At Normal Levels — BTC Upward Run To Continue?" was covered 14 hours ago by NewsBTC, a news publisher based in United Kingdom.

Q: How trustworthy is 'NewsBTC' news outlet?

NewsBTC is a fully independent (privately-owned) news outlet established in 2013 that covers mostly crypto news. The outlet is headquartered in United Kingdom and publishes an average of 6 news stories per day. It's most recent story was published 10 hours ago.

Q: What do people currently think of this news story?

The sentiment for this story is currently Neutral, indicating that people are not responding positively or negatively to this news.

Q: How do I report this news for inaccuracy?

You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.<ul><li>News ID: #28936705</li><li>URL: https://wl.beamstart.com/news/bitcoin-realized-profits-at-normal-17480956747130</li></ul>

NewsBTC Logo NewsBTC 14h ago

Bitcoin Realized Profits At Normal Levels — BTC Upward Run To Continue? - NewsBTC

Quick Summary:

Analyst Says Realized Profits Yet To Signal Market Top In a May 23 post on social media platform X, on-chain crypto analyst Darkfost revealed that the net realized profits by Bitcoin investors remain normal for a bull phase.

The relevant indicator backing this assertion is the Net Realized Profit/Loss metric, which measures the net profit or loss (in USD) of all coins spent on the network over a specific timeframe. Related Reading: Bitcoin Smashes Past $111K, But Are Traders About to Dump?

A fresh all-time-high price is often followed by a major correction, as investors are typically inclined to take profits. However, recent on-chain revelation suggests this Bitcoin bull run might be here to stay — and maybe for a longer period than expected.