Glassnode: Market shows signs of shrinking, and multiple currencies hit record highs in profit-taking
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最新报道：According to a Glassnode analysis published on August 20th, investors holding positions for more than one month (excluding day traders) have recently experienced significant profit-taking, leading to signs of a crypto market contraction. Several major crypto assets experienced significant profit-taking peaks between July and August 2025. BTC saw over $1.5 billion in profit-taking on July 18th, the largest since December 2024. ETH peaked at $575 million on August 16th, indicating a risk-off among long-term holders. Solver followed closely behind, achieving over $105 million in profit on August 17th, a new high since early 2025. Meanwhile, XRP saw profit-taking surge to $375 million on July 24th, displaying a distribution pattern similar to that seen during the December 2024 rally. TRX reached an all-time high of $230 million in profit-taking on August 6th, reflecting widespread selling pressure across altcoins.
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