The Block|Sep 29, 2026 17:45
THE BLOCK: CryptoQuant says a bitcoin correction could be near after traders' unrealized profit margins climbed to 33%, their highest since December 2024, following a rally to an eight-month high of $87,400.
Bitcoin holders realized profits on 25,700 BTC on Sept. 22, the largest single-day total this year, while altcoin deposits surged and demand cooled.
CryptoQuant said bitcoin remains in the early phase of a new bull market, with its Bull Score Index at 90 out of 100.
bitcoin:native
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