Bitcoin News Today: Long-Term Crypto Holders Lock In $2.8B Gains Amid Market Correction

Long-term investors in major cryptocurrencies have realized over $2.8 billion in profits amid a broader market downturn. Bitcoin led the charge with more than $1.5 billion in gains, as holders sold significant portions of their holdings during a period marked by declining prices and ETF outflows. Ethereum, XRP, and Solana also saw notable profit-taking, contributing to a wave of cautious exits by institutional and individual investors [1].

The profit-taking was driven in part by Bitcoin’s late-cycle market behavior, as leverage across the market reached peak levels. On-chain analytics firm Glassnode observed that Bitcoin’s price reached a two-week low, signaling increased pressure from short-term traders and institutional holders reducing exposure. This marked a strategic rebalancing of portfolios as investors sought to mitigate risk amid heightened volatility [4].

Ethereum saw a more measured profit-taking pattern compared to Bitcoin. However, ether-based ETFs continued to attract inflows, with JPMorgan reporting $5.4 billion in July—matching Bitcoin ETF inflows during the same period. This suggests that despite the overall bearish trend, investor interest in ether remained resilient [6].

The broader market saw ETF outflows for Bitcoin and Ethereum nearing $1 billion, indicating a risk-off sentiment across digital asset markets. Federal Reserve officials, including Governor Christopher Waller, have highlighted the increasing integration of digital assets with the broader financial system, signaling a potential shift in regulatory and policy attention [5].

Profit-taking was not limited to major cryptocurrencies. Altcoins such as Dogecoin also experienced increased selling pressure as investors reallocated positions ahead of key macroeconomic events, including the upcoming speech by Federal Reserve Chair Jerome Powell and the release of new economic data. The overall market environment remains uncertain, with investors closely monitoring developments from central banks and macroeconomic indicators [7].

Michael Saylor, CEO of MicroStrategy, urged Bitcoin holders to remain focused on the long-term outlook despite the bearish environment. His comments aligned with broader sentiment from market analysts, who emphasized that the fundamentals of major cryptocurrencies remain robust despite current volatility [8].

As leverage peaks and liquidation risks rise, particularly for Ethereum long positions, investors continue to navigate a complex landscape shaped by macroeconomic factors and evolving market sentiment. The $2.8 billion profit wave underscores the importance of strategic exits by long-term holders, who are now locking in gains amid a broader market correction [9].

Source:

[1] Bitcoin leads $2.8 billion profit wave amid market contraction concerns — Glassnode data shows (https://cryptoslate.com/bitcoin-leads-2-8-billion-profit-wave-amid-market-contraction-concerns-glassnode-data-shows/)

[2] XRP Profit-Taking Volume Hits $375M Marking Highest of 2025 (https://coincentral.com/xrp-profit-taking-volume-hits-375m-marking-highest-of-2025/)

[3] Bearish Sentiment Peaks as Bitcoin Hits 2-Week Low (https://www.ainvest.com/news/bitcoin-news-today-bearish-sentiment-peaks-bitcoin-hits-2-week-113k-2508/)

[4] Bitcoin Market Shows Late-Cycle Patterns as Leverage Peaks (https://cryptoslate.com/bitcoin-market-shows-late-cycle-patterns-as-leverage-peaks/)

[5] Fed Officials Indicate Interest Rates at Neutral Level (https://m.economictimes.com/crypto-news-today-live-20-aug-2025/liveblog/123393863.cms)

[6] Ether Surges Ahead of Bitcoin Amid ETF Growth (https://m.economictimes.com/crypto-news-today-live-21-aug-2025/liveblog/123417173.cms)

[7] Why Is Crypto Going Up? XRP, Dogecoin, Ethereum and Bitcoin Prices Rebound (https://www.financemagnates.com/trending/why-is-crypto-going-up-xrp-dogecoin-ethereum-and-bitcoin-prices-rebound-despite-stock-crash/)

[8] Michael Saylor Urges Bitcoin Holders to Ignore Bears Amid Market Drop (https://coincentral.com/michael-saylor-urges-bitcoin-holders-to-ignore-bears-amid-market-drop/)

[9] Long-Term Holders Lock In $2.8B as Crypto Prices Dip and ETFs Bleed (https://www.ainvest.com/news/bitcoin-news-today-long-term-holders-lock-2-8b-crypto-prices-dip-etfs-bleed-2508/)