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Bitcoin Profit-Taking Reaches $1.03 Billion, Second-Highest of 2026

Bitcoin Profit-Taking Reaches $1.03 Billion, Second-Highest of 2026

CoinEditionCoinEdition2026/10/09 10:24

Bitcoin recorded its second-highest daily realized profit reading of 2026 as holders locked in approximately $1.03 billion following a surge above $87,000.

The reading surpassed earlier realized profit spikes of $950 million and $646 million. Santiment’s chart showed repeated profit realization during Bitcoin’s recovery from June lows below $60,000. That recovery weakened, with the chart showing Bitcoin declining toward 81,600 after trading around the mid-80,000 range.

Santiment’s network realized profit/loss indicator measures gains or losses recorded when coins move on-chain. Large positive readings indicate that transferred holdings carried high gains relative to their previous cost basis.

At the time of writing, Bitcoin was trading at $82,319.98, down by 0.36% over the past 24 hours, with trading volume reaching approximately $43.2 billion. Its market capitalization stood at approximately $1.65 trillion, holding its position as the largest cryptocurrency.

While some holders recorded gains, CryptoQuant’s figures showed losses among recently acquired holdings moving to exchanges. Short-term holders transferred more than 50,000 BTC to exchanges at the reported 24-hour peak. More than 29,500 BTC moved at a loss, accounting for approximately 59% of the cohort’s exchange inflows.

These figures cover a different measure from Santiment’s realized profit reading. They track short-term holders’ exchange transfers, showing that profitable on-chain movements occurred alongside loss-bearing transfers among recent buyers.

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CoinGlass reported $1.09 billion in liquidations across crypto derivatives over the last 24 hours. The breakdown included about $1 billion in bullish positions and $108 million in short positions.

Those component figures total $1.108 billion, resulting in a discrepancy with the stated overall liquidation figure in the supplied data.

Bitcoin’s latest profit-taking spike shows that many holders used the rally above $87,000 to lock in gains, while recent buyers continued sending coins to exchanges at a loss. With more than $1 billion in crypto liquidations reported over 24 hours, the combination points to heightened selling pressure and market volatility as Bitcoin struggles to regain upward momentum.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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