Is Bitcoin’s price rally losing steam after realized profits hit $1.03B?
Photo: AMBCrypto
Bitcoin [BTC] recently faced a sharp rally. However, it's now showing signs of a potential cooling period. This has happened because investors have started booking substantial profits, despite the price struggling to break past the resistance level. According to Santiment, Bitcoin recorded roughly $1.03 billion in realized profits in a single day recently. This marked the second-highest profit-taking event of 2026, just below the year's peak of $1.04 billion. However, while profit-taking is a normal part of market cycles, large-scale selling can increase short-term selling pressure and make it harder for Bitcoin to sustain its upward momentum.
Source: AMBCrypto
