CryptoQuant Warns Bitcoin Unrealized Profit Hits 21-Month High Of 54%

Bitcoin’s aggregate unrealized profit has reached 54%, its highest level in 21 months, according to CryptoQuant. The elevated profitability indicates that a large share of holders are sitting on substantial gains, historically a condition that can increase selling pressure and market volatility as investors take profits. While the metric reflects strong price appreciation and market strength, it also raises the risk of a distribution phase or near-term correction.