**Bitcoin Sellers at Record Low Despite Price Fluctuations**

Bitcoin sellers are now at a minimal level, even though BTC prices are just 15% shy of their all-time highs. Data from CryptoQuant reveals that sell-side risk is at its lowest since early 2024.

CryptoQuant analyst Axel Adler Jr. noted that since Bitcoin hit $73K in March, the number of sellers has significantly decreased. The sell-side risk ratio, which measures potential selling pressure, has dropped from nearly 80,000 in March to below 20,000 now.

Despite occasional sell-offs, Bitcoin's network activity remains robust. Daily realized profits average around $571M, with net profits at $456M. Short-term holders are back in profit territory, with their cost basis around $62,250.

This article is for informational purposes only and does not offer investment advice. Always do your own research before making financial decisions.