ETH Profit-Taking Hits 3-Week High Despite 5.5% Price Drop

Ethereum’s network recorded its highest realized profits in three weeks on Thursday, with $74.58M booked in a single spike even as the asset’s price fell roughly 5.5% over the past three days. The data, published by on-chain analytics firm Santiment, points to a specific group of sellers: traders who bought ETH when it was trading below $2,000 during February and March and are now cashing out while they s…