CryptoQuant says Bitcoin's unrealized profit ratio and profit-taking volume rose in tandem, increasing correction risk
BIBIBI
AT A GLANCE
Bitcoin's two profit-related indicators rose in tandem; CryptoQuant says the market faces correction risk.
Article
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
Key points
01
CryptoQuant Head of Research Julio Moreno stated that Bitcoin's unrealized profit ratio rose to 33%。
02
The unrealized profit ratio reached 2024 year December's highest level.
03
Bitcoin profit-taking volume rose to 25700 coins BTC, the highest level since 2026 year.
04
Julio Moreno believes that the simultaneous rise in the two indicators usually signals weakening momentum in this rally and correction risk for the market.
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
The report shows that after Bitcoin rose, both the unrealized profit ratio and profit-taking volume were at elevated levels. Based on this, CryptoQuant Head of Research Julio Moreno judged that upward momentum may weaken and warned of correction risk.
Why it matters to readers
This suggests that profit-related indicators are rising in tandem during the market's advance, and short-term price action may face pressure.
Beginners should distinguish between the disclosed indicator data and the correction assessment based on those data.
Risks and unknowns
Correction risk is Julio Moreno's assessment; the article does not provide an actual correction outcome.
The evidence does not indicate whether Bitcoin subsequently experienced a correction.
Related Developments
Loading event timeline…
Related concepts
Unrealized profit ratio
This term is not in the glossary yet. Browse related concepts in the glossary.