Whales' Unrealized Bitcoin Profits Hit Record $9 Billion Amid Price Volatility

Bitcoin's short-term unrealized profits have hit an all-time high of $9.07 billion, marking a milestone for whales who entered the market recently.

Data from Woofun AI shows that this metric reached its peak on September 4, surpassing previous highs since 2016 and underscoring the surge in paper gains for large holders.

However, prices have pulled back below $79,000, testing the $76,300, $77,000 zone as a new key support level.

Short-term holder capital often serves as a source of market liquidity during periods of high volatility, and movements in this sector differ significantly from long-term indicators.