比特币卖家在 80,000 美元以上获利了结，但 ETF 需求仍保持 90,000 美元反弹的希望

A high-stakes tug-of-war is unfolding in the digital asset markets as Bitcoin wrestles with the critical $80,000 threshold. While long-term holders are capitalizing on the recent surge to lock in massive profits, a relentless wave of institutional capital flowing into exchange-traded funds is absorbing the sell-off, keeping hopes for a near-term rally toward $90,000 firmly intact . The world’s largest cryptocurrency is currently navigating a pivotal transition phase. After months of volatile, largely sideways trading, the market is showing classic signs of renewed bullish momentum. However, the path upward is being heavily contested by veteran investors who are actively distributing their holdings into the newly generated liquidity. Related Reading Bitcoin bulls set sights on $90,000 this week after briefly reclaiming $80,000 BTC's breakout was powered by aggressive taker buys, yet analysts say a close above $79,000 is the real test. May 4, 2026 · Oluwapelumi Adejumo The Bitcoin wealth transfer at $80,000 As Bitcoin spiked from $78,000 to the psychologically significant $80,000 mark over the weekend, on-chain analytics revealed a dramatic uptick in distribution from seasoned investors. According to Glassnode data, the cohort of holders who accumulated their positions two to three years ago has accelerated profit-taking to a staggering $209 million per hour. These investors are currently realizing gains ranging from 60% to 100%. Bitcoin Realized Profit (Source: Glassnode) This shift in behavior is corroborated by metrics from CryptoQuant, which show that net realized profit and loss across the network has swelled to approximately $1.12 billion. This represents the highest level of realized gains since last December. Reaching a threshold of this magnitude indicates that traders who accumulated during the bear market depths are now sitting on comfortable cushions, prompting them to rebalance their portfolios and secure actual cash. While massive sell-offs often trigger