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Bitcoin Holders Lock In Record Profits Market reaction Long-term Bitcoin investors have realized profits totaling more than 3.27 million BTC during the current cycle, surpassing the peak profit-taking levels seen in 2021. The data, reported by on-chain analytics firms on Tuesday, underscores the scale of capital rotation taking place as prices hover above $63,000. Despite the profit-taking, Bitcoin prices held steady, suggesting strong demand from new buyers absorbing supply. Other major tokens including Ethereum and Solana traded sideways, with market focus squarely on Bitcoin’s cycle dynamics. Key drivers The realization of profits reflects both...