Bitcoin News: Bitcoin Profit Taking Surges Post-Golden Cross, On-Chain Realized Gains Top $500M Per Hour

Bitcoin (BTC) holders are accelerating profit-taking activity following a confirmed golden cross on May 22, when BTC’s 50-day simple moving average (SMA) surpassed its 200-day SMA. The event coincided with a record price peak of $111,000. Realized Profits Surpass $500M per HourAccording to on-chain data from Glassnode, entity-adjusted realized profits exceeded $500 million per hour three times within 24 hours on June 3. This metric tracks total U source: https://www.binance.com/en/square/post/25167181846978?utm_source=BinanceNewsRSS