Crypto investors, who have held the top five digital assets by market capitalization for more than a month, have recognized nearly $2.8 billion in profit over the past month, according to GlassNode data.
According to the blockchain analytics company, the Crypto market is beginning to show signs of contraction, with big profits from Bitcoin, Ethereum, Solana, XRP and Tron as traders have tried to stop profits from recent market strength.
Bitcoin drives most of the profits it has achieved
GlassNode data shows that Bitcoin has made profits among these digital assets, accounting for more than 50% of its activity.
On July 18, Bitcoin holders who owned the flagship cryptography for more than a month recognized profits of more than $1.5 billion. According to GlassNode, this is the largest single-profit withdrawal since December 2024.
In particular, the profitable spike coincided with Bitcoin prices above $119,000, well above the current level of $113,000. This means that the rally offers an engaging opportunity for investors to return, and emotions remain bullish.
Meanwhile, Ethereum, the second largest digital asset by market capitalization, followed a similar trajectory.
On August 16th, long-term ETH holders withdraw about $575 million from the market, marking the token's biggest profit event in the cycle.
Interestingly, this wave of sales has contributed to an 11% drop in Ethereum prices over the past week, bringing it to $4,177.
XRP is leading profit among major altcoins
Other major cryptocurrencies have also recorded prominent profit-earning events over the past month.
Solana Investors achieved more than $105 million on August 17th, marking its most significant withdrawal since prices exceeded $200 in early 2025.
Meanwhile, XRP holders followed the lawsuit, earning about $375 million on July 24, showing a distribution pattern reminiscent of the December 2024 rally, catalysed by Donald Trump's election victory.
Additionally, Justin Link's Tron Network investors also recorded a record profit realization of $230 million on August 6, the highest in the network's history.
