Analysis: BTC surged 44% this quarter, but profit-taking remains far below historical peak levels.
On Sep 25, PANews reported, citing CoinDesk, that BTC rose 44% this quarter to near $85,000, its best quarterly performance since the fourth quarter of 2024 after three consecutive down quarters. Bitfinex data showed that BTC holders realized about $2.4 billion in profits recently, while daily realized profits at past market tops typically reached $7 billion to $10 billion, leaving current selling far below earlier peak intensity.
ETF inflows outweighed profit-taking
US spot BTC ETFs recorded $2.84 billion of net inflows over the latest six trading days, exceeding BTC holders' realized profits over the same period, according to Bitfinex. The firm said year-to-date net inflows were close to $800 million. The comparison matters because it shows that ETF demand has recently been larger than the profit-taking measured in the source data, though it does not establish a trend.
ETH flows add a second signal
Bitfinex also tracked about 410,000 ETH leaving exchanges over the past month. The report said US spot ETH ETFs recorded a four-day cumulative flow. Reduced exchange balances can indicate more ETH held outside trading platforms.
What the data means for readers
The key facts are BTC's 44% quarterly rise to near $85,000, $2.4 billion in realized profits, the $7 billion to $10 billion daily profit benchmark at earlier market tops, $2.84 billion in six-day BTC ETF inflows, and year-to-date BTC ETF inflows close to $800 million. The incremental point is that current profit-taking appears milder than historic tops while ETF demand has been strong, but the report does not provide a basis for price prediction.
Risk Warning
This article is only an organized summary of publicly available information and does not constitute investment advice. Cryptocurrency prices can be highly volatile and may rise or fall sharply in a short period. Past performance is not indicative of future results. Readers should conduct independent research, assess their own risk tolerance, and make decisions rationally rather than relying solely on this report.
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