Market News / Story
Bitcoin holders lock in $1.03 billion in profits as price pulls back
Crypto Briefing ·
Crypto Briefing reports: Bitcoin holders cashed out in a big way on October 8, 2026. According to Santiment, they realized approximately $1.03 billion in profits that day, the second-highest daily total of the year. Bitcoin had just climbed above $87,000, and plenty of people decided that was a fine moment to collect their winnings. Holders booked more profit than loss during the pullback, which looks like profit-taking rather than capitulation. When Santiment flags a surge in realized…