Glassnode: Major Tokens Including BTC, ETH, and SOL Recently Hit Record Single-Day Profit Peaks
BlockBeats News, August 20 — Glassnode released data on social media indicating signs of market contraction, primarily driven by large-scale profit-taking among investors holding positions for over one month (excluding day traders). Key highlights include:
· July 18: Bitcoin holders with positions over one month realized profits exceeding $1.5 billion, marking the largest single-day profit peak since December 2024
· August 16: Ethereum realized profits reached $575 million, the largest profit-taking wave of the current cycle so far, suggesting long-term holders are engaging in risk aversion
· August 17: SOL holders with positions over one month realized profits exceeding $105 million, the largest single-day profit event since the rally at the beginning of 2025
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