Bitcoin Profit-Taking Increases as BTC Reaches Three-Month High

Bitcoin Holders Begin Locking in Gains

Bitcoin investors are increasing profit-taking activity as BTC trades near its highest level in three months. According to onchain market data, holders realized approximately 14,600 BTC in profits in a single day, equal to nearly $1.1 billion, marking the largest daily profit realization since December when Bitcoin traded above $90,000.

Analysts noted that the Short-Term Holder Spent Output Profit Ratio moved above 1, a level often associated with active profit-taking among traders who acquired Bitcoin within the past 155 days.

Market Analysts Remain Divided on Bitcoin Trend

Despite improving prices, some analysts believe Bitcoin is still technically in a broader bear market due to weaker overall demand conditions. Data also shows holders are now realizing more than 20,000 BTC in rolling 30-day net profits after heavy losses earlier this year.

Meanwhile, Bitcoin exchange-traded funds continue attracting capital, with weekly inflows exceeding $1 billion before a late-session outflow interrupted the trend.

Market sentiment remains mixed, with some traders expecting renewed upside momentum while others warn that stronger profit-taking could slow Bitcoin’s recovery in the near term.

At the time of reporting $BTC is trading above $80k.