Bitcoin investors have realized approximately $260.7 billion in profits during the ongoing 2024–2025 cycle, according to Glassnode. This profit realization, amounting to 2.37 million BTC, is the highest since the 2016–2017 bull run. The recent rally saw Bitcoin peak at $124,167 on August 14, 2025, before pulling back to $110,761, as investors took profits. The surge in Bitcoin's price has led to increased sell-side pressure, with companies now holding over 5% of Bitcoin's supply, underscoring its status as digital gold. The current cycle's profit realization highlights the significant gains long-term investors have achieved amid Bitcoin's upward momentum.