BTC, ETH, XRP, Sol-investors in the long term lock $ 2.8 billion as market stables

Making a substantial wave of winning has implemented cryptocurrency markets, with long-term investors who matched recent all-time highlights.

Fresh data about the chains shows that large assets holders have jointly sold around $ 2.8 billion in profit, which contributes to a widespread market cooldown.

$ 2.8 billion in achieved profit if large coins are confronted with sales pressure

Analytics firm Glassnode reported On August 20, holders of more than a month of billions of profit about digital assets, including Bitcoin (BTC), Ethereum (ETH), Ripple’s XRP, Solana (SOL) and Tron (TRX).

Bitcoin set up the pace, with holders who register a huge $ 1.5 billion in realized profit on July 18, the largest such event since December 2024. ETH followed the example, with a peak at $ 575 million on August 16, whereby the figure also marks its most substantial profitable peak of the current market cycle.

Solana reflected this activity and saw more than $ 105 million in profit on August 17, the largest since the beginning of 2025, while XRP achieved a profitable event of $ 375 million on July 24, following the behavior of the Rally of the Late 2024.

According to Glassnode, this collective action shows a strategic decision by experienced investors to resolve profit after a long -term upward trend, so that the current price pressure has direct influence.

The timing of harvesting comes alongside increased volatility in the market. As previously reported by Cryptopotato, BTC fell below $ 113,000 for the first time since the beginning of August and dragged other cryptocurrencies down, including ETH, which went below $ 4,200, while XRP was pushed under the support of $ 3.00. In the meantime, Cardano (ADA) was one of the heaviest, in which 8% fell to $ 0.85, while the total market had more than $ 70 billion in capitalization at night.

Market sentiment, short -term pain and the road that lies for us

Interesting is that the sale also came at a time when there is a grim shift in Crowd Psychology. From data that is shared by Santiment today, showed that the sentiment of social media in the direction of BTC has become strongly negative and has become the lowest since June. Historically, such anxiety -driven phases have often marked local soils, with contrary traders intervening to take advantage of the increasing panic in the market.

Data in the short term also shows the gap between participants in the long and short term. A recent report from Cryptoquant noted that investors who held Bitcoin for less than five months had realized losses for the first time since the start of the year. Such events, according to the analysts of the platform, rinse weaker hands for a rebound or risk deeper corrections as accelerating sales.

In the meantime, Tron offers a counterpoint. Despite the long-term profit earlier this month, short-term trex holders are on profit of more than 30%, which causes optimism for a continuous momentum.