Cryptocurrency5 May 2026SEO 801 min read

Analysis: Bitcoin absorbed $200 million profit-taking at $80,000 in a bullish sign for BTC

Net realized profits hit a one-month high of $207.56 million Sunday as bitcoin crossed $80,000 for the first time since January, with the price holding above t…

Net realized profits hit a one-month high of $207.56 million Sunday as bitcoin crossed $80,000 for the first time since January, with the price holding above the breakout level into Tuesday despite the heavy sell-side flow. Bitcoin briefly topped $80,000 as onchain data showed net realized profits hitting a one-month high of about $208 million, signaling active profit-taking rather than a blowoff top. The surge in realized profits near $80,000 suggests a rising cost basis and a thicker layer of…

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