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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
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