Bitcoin profit-taking stays below past cycle peaks despite sharp rally

Bitcoin has surged, but investor profit-taking remains relatively muted compared with past bull-market peaks, according to CoinDesk. Citing CoinDesk data, the outlet said BTC rebounded strongly this quarter after falling for three straight quarters, posting its biggest quarterly gain since the fourth quarter of 2024. CoinDesk added that on-chain net realized profit and loss data showed profit-taking by investors, but the scale was limited to $2.4 billion, well below the $7 billion to $10 billion in daily realized profits seen during past bull markets.