According to CryptoQuant, Bitcoin holders realized 14,600 BTC in daily profits on May 4, the highest level since December 10, 2025, said Julio Moreno, head of research at the onchain analytics firm. The Short-Term Holder Spent Output Profit Ratio (STH-SOPR), a metric tracking whether short-term holders are selling at profit or loss, rose to 1.016 and has remained above 1.00 since mid-April, indicating continuous profit-taking since mid-April.
On a 30-day rolling basis, Bitcoin holders are realizing +20,000 BTC in net profits, the first positive reading since December 22, 2025, following heavy net losses in February and March. Bitcoin is currently trading around $80,180.
Related News
CryptoQuant: Bitcoin Profit-Taking May Intensify Amid Bear Rally
CryptoQuant: Bitcoin Profit-Taking Risk Rises Amid Bear Market Rally
Market Wrap: Crypto Market Cap Surges $150B in a Week as Bitcoin Traders Lock Profits and Yields Hit 5%