Bitcoin: $ 11.6 billion in profits in one month for short -term investors

Bitcoin has just sprayed a new record, but behind this displayed euphoria, a more complex dynamic is emerging. Behind the scenes, short -term investors multiply the profits, and collect billions of dollars in a few weeks. This massive movement that intrigues analysts may well report a turning point in market mechanics, where traditional indicators are still struggling to decide.

Record profits from short -term investors

After colossal losses a few weeks ago, Bitcoin's short -term investors are increasing profits on a scale rarely observed.

This phenomenon has been informed in The latest weekly Glassnode reportwhich indicates a brutal acceleration of the profit carried out by this category of investors, known for its reactivity to market movements.

Here are the key data reported by Glassnode:

• $ 11.6 billion in profits have been made over the last 30 days;
• The amount has reached up to $ 747 million a day, a notable summit in this bullish cycle;
• By comparison, over the previous 30 days, cumulative profits amounted to $ 1.2 billion;
• These figures translate a “Drastic rebound in feeling and spending behavior for new investors” ;
• The whole is measured by the indicator “Profit made”which calculates the difference between the purchase price and the effective sale price of bitcoins, corner per corner.

On-chain analysis provides a persistent trend over the past month. Indeed, the benefit made by short -term investors remained at exceptionally high levels, in direct connection with the rally which led Bitcoin to a new ATH.

This winning frenzy illustrates a rapid change in posture of investors newly entered the market, often more sensitive to price fluctuations and more inclined to secure their profits in the high volatility phases.

An absorbable sales pressure or the beginnings of a reversal?

If the profit figures achieved are spectacular, Glassnode nevertheless tempers the interpretation and notes that this profits cycle remains “Lower than peaks reached at the end of 2024”.

This clarification is essential because it suggests that the market has not yet reached overheating levels comparable to those observed during previous cyclic peaks.

In other words, even if the activity of short -term investors is intense, it is not necessarily the sign of a global shortness of the market.

This distinction could indicate a stronger resilience of demand, likely to support the courses despite the selling pressure.

In addition, the central question now asked is that of the absorption of this pressure. Glassnode wonders as follows: “It remains to be seen if the incoming request will be able to absorb this selling pressure”.

This sentence crystallizes current uncertainty. If the buyer momentum is maintained at a sufficient level, massive profits may have only moderate impact on the price. Otherwise, a more marked reflux could start, returning the market to a consolidation phase, or even a more severe reversal.

Although the current indicators bear witness to a still dynamic and partially sustained market, caution is essential. The behavior of short -term investors in the coming weeks could serve as a revealer for the overall trend.

If the profits are intensifying without being offset by an influx of fresh liquidity, a breathlessness of the bullish cycle could be profiled. Conversely, fluid absorption of this sale pressure by demand could lay the foundations for a new upward impulse, potentially more structured, like the recent crossing of the $ 111,000 by bitcoin.