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CryptoQuant: Bitcoin's unrealized profit ratio and profit-taking volume have risen in tandem, and the market faces correction risk

BlockBeats news,September 26, CryptoQuant Head of Research Julio Moreno stated that, following Bitcoin's recent rise, the market's unrealized profit ratio climbed to 33%, reaching its highest level since 2024 year December.

Meanwhile, Bitcoin profit-taking volume rose to 25,700 coins BTC, the highest level since 2026 year. Moreno believes that the concurrent rise in the unrealized profit ratio and profit-taking volume usually indicates that the momentum of this rally is weakening and that the market faces correction risk.

Original link https://m.theblockbeats.info/flash/369122