Bitcoin (BTC) Price Has Skyrocketed Near Its Record Highs, Trading at Around $109,000

The price of Bitcoin (BTC) has skyrocketed near its record highs, trading at around $109,000 as per the latest data on CryptoQuant. But big investors, also referred to as whales, are yet to take their profits out.

The price of Bitcoin (BTC) has skyrocketed to nearly reach its record highs, trading at around $109,000 according to the latest data from CryptoQuant. However, big investors, also known as whales, have yet to take their profits out.

This action highlights the current market dynamics, which are further examined in a chart by CryptoQuant that visualizes the Net Realized Profit and Loss (NRPL) of Bitcoin in detail.

Image: CryptoQuant

The chart compares the price of Bitcoin with the NRPL, which indicates the profit or loss that investors realize when they sell their assets. The graph marks some crucial moments over the last few years.

At the end of 2024 and the beginning of 2025, NRPL experienced sharp spikes, circled in red, which correspond to periods when a large number of investors took profits as the price was rising.

More recently, however, the scenario is different. With the price of Bitcoin approaching $109,000, the NRPL line has been flatter compared to the previous profit-taking cycles (the green circle highlights one instance). This flat segment of the line signals that whales are not selling.

A post by @DanCoinInvestor referencing the chart shows that these large holders are not eager to realize profits at the current price level and might be anticipating an even higher price. This lack of action may indicate optimism for future gains in Bitcoin or a plan to avoid causing a market crash.

Since Bitcoin is already nearing its all-time high, the absence of selling pressure from the whales could push the price upward further. But it also raises questions about sustainability. If a significant portion of investors wait to collect larger profits, any sudden selling activity could cause substantial fluctuations in BTC’s value.

The post Bitcoin Whales Await Massive Profits as BTC Price Surges to $109,000 appeared first on CryptoPotato.

If you prefer to read in another language, select preferred language below: