Bitcoin profit-taking reached its highest level of 2026 on September 22, with holders realizing gains on 25,700 BTC in a single day, according to a new Coinbase report. Short-term trader unrealized profit margins simultaneously climbed to 33%, marking the highest reading since December 2024.
Market demand has shown significant weakness alongside the surge in selling pressure. Apparent spot demand decreased by 170,000 BTC over the past 30 days, while speculative futures demand growth plummeted from 164,000 BTC on September 14 to just 16,000 BTC by September 29.
Coinbase: Bitcoin Profit-Taking Hits 2026 High as Demand Cools
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