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Investors netted over $5 billion in profits in a week from this crypto

On-chain data from Glassnode shows investors realized roughly $5.46 billion in profits over the past week as Bitcoin traded near the upper end of its current range. Repeated daily spikes — several near or above $1 billion — indicate systematic profit-taking as BTC approaches a psychological resistance zone at $78,000–$80,000. Bitcoin is trading around $77.6k and is on track for a potential fourth consecutive weekly gain, but the resistance band has capped upward momentum so far. Analysts note the pattern represents controlled distribution and a maturing market where trader behavior and liquidity rotation, rather than fixed technical lines, increasingly dictate price action. A decisive break above $80,000 could pave the way toward $85,000–$90,000.

Category

Bitcoin

Sentiment

Bullish

Event

Market data

Reading time

1 min