CryptoQuant reported that eight out of ten market and on-chain indicators turned bullish within a week, pushing its Bull Score from 30 to 80 points. Bitcoin climbed more than 24% since August 17, marking the fastest improvement in these signals in one year. For a cycle reversal to be confirmed, a weekly close above $83,000 is required according to the firm. Whales have already taken profits of about $1.2 billion between August 20 and 22, with a record $614 million realized in a single day on August 20. The latent profit margin has reached 20.5%, its highest level since June 2025.
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