Crypto Daybook AmericasBitcoin Investors Cashing Out at a Slower Pace Than Before

Your Day-Ahead Look for Sept. 25, 2026

By Omkar Godbole|Edited by Jamie Crawley31 minutes ago3 min readMake preferred on ShareShare this articleCopy linkX (Twitter)LinkedInFacebookEmailMake preferred on (Kevin Schneider/Pixabay)SummaryShow

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Bitcoin's

BTC$84,378.52 has seen a notable increase, prompting some traders to cash in on their investments. However, this selling activity is occurring at a significantly slower rate compared to previous market peaks, indicating a potentially healthier market environment.

In the current quarter, BTC has surged by 44%, approaching $85,000, marking its strongest performance since late 2024, as per data from CoinDesk. This upswing follows three consecutive quarters of losses.

As expected, a portion of investors are realizing profits, which is reflected in the net realized profit/loss metric. This metric tracks the dollar gains realized when coins are transferred on-chain at prices exceeding their last transaction price.

Analysts consider the previous transaction price as the cost basis: for instance, if a coin purchased or last used at $40,000 is sold at $84,000, the $44,000 difference is recorded as a realized profit.

Recent data from Bitfinex indicates that investors have realized a total of $2.4 billion in profits following the price increase.

"BTC holders just realized $2.4 billion in profits. In contrast, at previous market peaks, daily realized profits ranged from $7 billion to $10 billion," noted Bitfinex on X.

Meanwhile, ETFs have been attracting significant investments, with a net inflow of $2.84 billion over just six days, surpassing the profits realized by holders. Additionally, ETFs have accumulated nearly $800 million in net inflows for the year.

Ether is also displaying optimistic trends. Bitfinex reports that approximately 410,000 ETH has exited exchanges in the past month, while U.S. spot ether ETFs have drawn in $680 million across four sessions, contributing to a bullish outlook for the near future.

Currently, bitcoin, ether, and other major cryptocurrencies show resilience, even following the $452 million Bitget hack.

In traditional markets, the recent rallies in the Dollar Index and Treasury yields seem to have paused, providing some relief for risk assets. However, oil prices remain volatile amidst mixed reports regarding the ongoing conflict in Iran. Stay vigilant!

For further analysis on today’s altcoin and derivatives activity, see Crypto Markets Today. For a detailed schedule of events this week, check out CoinDesk's "Crypto Week Ahead."

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Today’s Signal

SOL's daily price chart. (TradingView)

The chart illustrates Solana's daily price fluctuations in candlestick format, with its 365-day average price shown.

SOL’s price is currently above its 365-day average, indicating a bullish breakout that suggests a long-term upward trend. Bitcoin has also exhibited a similar pattern on its price chart.

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