Bitcoin crossed the $75,000 threshold to reach $76,522.29 on November 19, 2025, marking an 8.9% single-day surge and finally breaking through the $70,000 resistance level. CryptoQuant reports that UTXO profit-taking movements have reached unprecedented historical levels, indicating potential supply mobilization. The short-term holder realized price now represents a critical zone where recent buyers might exit at breakeven, potentially creating a supply wall. While the MVRV ratio of 1.38 signals substantial unrealized gains across the market, the SOPR at 0.7 indicates the market is not effectively absorbing profit-taking, warranting caution.
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