Bitcoin holders realized gains on 25,700 BTC on Sept. 22, the highest daily profit-taking level of 2026, Coinbase market-analysis account CoinbaseMarkets said. Short-term traders’ unrealized profit margins reached 33%, the highest level since December 2024, or roughly one year and 10 months. Market demand weakened as apparent spot demand declined by 170,000 BTC over 30 days, while speculative futures-demand growth fell from 164,000 BTC on Sept. 14 to 16,000 BTC on Sept. 29, about one-tenth as much.