Bitcoin

has fallen greater than 7% dipping beneath $115,000, since hitting its all-time excessive of over $124,000, as merchants booked in over $3.5 billion of realized earnings throughout the weekend, in accordance with Glassnode knowledge.

Saturday alone noticed $3.3 billion in revenue taking, the biggest single-day determine since mid-July and one of many highest in 2025.

For many of this yr, revenue has been realized virtually every day, with solely round 10 periods exhibiting web losses. The development displays BTC’s regular climb from $90,000 in the beginning of 2025.

Since hitting a low of $76,000 in April, revenue taking has accelerated, particularly because the $100,000 milestone triggered renewed promoting strain.

This newest downturn follows bitcoin’s all-time excessive of $124,000 earlier in August. Every correction this yr from all-time highs, has been smaller than the final, suggesting extra resilience because the market matures: January’s drawdown reached 30%, Could’s was 12%, July’s 9%, and August’s pullback now sits at 8%.

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