Bitcoin investors have ramped up profit-taking as BTC reaches a three-month high, with daily realized profits hitting levels last seen in December 2025. According to CryptoQuant, Bitcoin has surged 37% since April, driven by easing macro pressures and increased perpetual futures demand. On May 4, holders realized profits of 14,600 BTC, marking the highest since BTC traded above $90,000 in December 2025. Despite a 30-day net profit realization of 20,000 BTC, spot demand remains contracted, indicating potential correction risks. Analysts note that increased realized profits at key resistance levels often precede market tops or consolidation phases. The current market environment, characterized by high unrealized profits and expanding futures demand, suggests a speculative atmosphere with significant correction potential.