Santiment (blockchain analytics platform) reported elevated on-chain profit-taking even as Ethereum fell about 5.5% over the past three days.
Ethereum recorded $74.58 million in realized profits over the past three weeks, according to Santiment (blockchain analytics platform). The update highlights active on-chain profit-taking, a metric that tracks gains locked in when holders move coins at prices above their acquisition cost. The figure came even as Ethereum’s price declined roughly 5.5% in the last three days, showing a divergence between short-term market performance and blockchain-based profit activity.