The crypto market is currently showing volatility, with many investors taking profits from Bitcoin after it hit a new record high. Data from Binance, the exchange with the highest volume, shows a significant increase in profits realized by investors.

While this profit-taking trend appears to have paused temporarily, it is important to continue monitoring these signals. On-chain analytics from Binance can provide important insights into market sentiment and potential changes in momentum.

Optimism towards Bitcoin remains, despite the challenges facing the overall market. Stay alert for changes in trends that could impact your investment strategy.