Glassnode: Major Tokens Such as BTC, ETH, and SOL Hit All-Time Highs in Daily Profit

BlockBeats News, August 20th, Glassnode posted data on social media indicating a market contraction, primarily due to large-scale profit-taking by investors holding for over 1 month (non-day traders), including:

· July 18th: Bitcoin holders of over 1 month realized profits exceeding $1.5 billion, marking the largest single-day profit peak since December 2024

· August 16th: Ethereum saw profits of $575 million, the largest profit-taking wave so far in this cycle, indicating that long-term holders are risk-averse

· August 17th: SOL holders of over 1 month realized profits exceeding $105 million, marking the largest single-day profit event since the early 2025 surge