13-8-2025 – Ethereum recorded $1.742 billion in daily realized profits on August 12, the highest level since early 2023, according to Glassnode data.
The figure represents a 74% jump from the previous peak of $1 billion reached just three days earlier on August 9, signaling intensified profit-taking activity as ETH approaches its all-time high. Realized profits measure the difference between an asset’s purchase price and sale price when investors actually sell their holdings, providing insight into market sentiment and investor behavior.
The surge in profit-taking coincides with Ethereum’s strong rally toward $4,700, putting the cryptocurrency within striking distance of its previous record high of around $4,800. The substantial realized profits suggest long-term holders are capitalizing on recent gains, though the metric doesn’t necessarily indicate bearish sentiment as it often accompanies healthy bull market corrections.
The elevated profit-taking levels reflect the significant unrealized gains that accumulated during Ethereum’s recent climb, driven largely by institutional demand through spot ETF inflows and growing adoption of the network’s decentralized applications.
