The analytical service CryptoQuant has reported a high unrealized profit among traders with leverage. The higher the indicator, the greater the likelihood of a price correction.
The current level is 47%, the previous peaks were in March - 69% and in December 2023 - 48%.
Analysts also noted the awakening of miners after the bitcoin price rose above $90,000. About 25,000 BTC was sent from pool wallets in the past day. The last similar outflow was observed in August, which may indicate partial profit taking.
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The analytical service CryptoQuant has reported a high unrealized profit among traders with leverage. The higher the indicator, the greater the likelihood of a price correction.
The current level is 47%, the previous peaks were in March - 69% and in December 2023 - 48%.
Analysts also noted the awakening of miners after the bitcoin price rose above $90,000. About 25,000 BTC was sent from pool wallets in the past day. The last similar outflow was observed in August, which may indicate partial profit taking.