• BTC wallets aged 3 to 5 years realized $849 million showing the biggest profit-taking move in June.
• Wallets aged 7 to 10 years realized $485 million and those aged 1 to 2 years followed with $445 million.
• Profit-taking by holders under six months remained low as long-term wallets drove market shifts in June.

Profit-taking activity on the Bitcoin network has been dominated by mid and long-term holders, according to Glassnode data released on July 1, 2025. The analysis shows that investors holding BTC between 3 to 10 years led realized profits. These groups contributed a combined $1.33 billion in realized gains.

Glassnode noted that 3–5 year holders realized the highest profits at $849 million. Investors in the 7–10 year range followed, realizing $485 million. Meanwhile, BTC held for 1–2 years realized another $445 million in gains during the same period.

Long-Term Holders Shift the Market Landscape

The recent market trend shows that older Bitcoin wallets are now actively realizing profits. These wallets, often referred to as long-term holders, appear to be capitalizing on the rise in price. This shift signals a major rotation in market behavior.

Short-term wallets, particularly those holding BTC for less than six months, played a minor role in recent profit-taking. This suggests that long-standing holders are using price strength to exit or reallocate capital. Glassnode’s chart data confirms that much of the activity came from wallets older than one year.

The realized profit wave peaked in late May, with daily realized profits approaching $2.75 billion. This surge coincided with strong upward moves in BTC’s price, which hovered between $90,000 and $110,000 during the observed period. The black trend line on the chart displayed a steady rise, showing strong support across weeks.

The Data Shows a Clear Change in Behavior

Glassnode’s post also noted that wallets aged between 6 and 24 months injected more volatility into the market. This group sold aggressively during rallies, driving prices down from recent highs. Their influence created temporary corrections, but larger cohorts held steady.

The 3–5 year holders remained the most impactful group. Their $849 million in realized profits made up nearly half of the activity tracked during the highlighted stretch. With these wallets gradually selling into strength, markets adjusted to lower liquidity from short-term participants.

The 7–10 year wallets added $485 million in realized profits. Despite their smaller number, their movement reflects shifting sentiment among long-term believers. They took the opportunity to lock in gains accumulated over several cycles.

Will Long-Term Profit-Taking Trigger a New Market Phase?

The key question remains: Could this wave of profit realization from long-term holders signal a broader shift in Bitcoin’s bull cycle? Historically, when older wallets take profits, it leads to new accumulation phases or extended consolidation.

Short-term wallets, especially those under six months, continue to have limited impact. Glassnode’s data suggests the market is less reactive to short-term noise. Instead, it follows the lead of longer-held capital.

The overall realized profit surpassed $2.7 billion at its peak, with multiple spikes across May and June. On-chain data confirms the consistency of this pattern, showing a steady sell-off by mature holders. This may set the tone for the next stage of Bitcoin’s market trajectory.