According to glassnode, profit-taking activity among recent Bitcoin (BTC) investors has risen significantly above the statistical average, indicating heightened selling pressure in the market. The Week On-Chain report highlights that, despite this surge in realized profits, historical data suggests that even greater selling intensity may be required to fully satisfy market demand and trigger a broader correction. The analysis details the sources behind the current BTC rally, identifies cohorts responsible for the selling, and outlines potential scenarios that traders should monitor for reversal or continuation signals. For crypto traders, understanding these on-chain dynamics is critical for timing entries and exits, as elevated profit-taking often precedes increased volatility (source: glassnode, May 16, 2025).