Bitcoin posted its strongest single-day performance since February, rising 7.1%, according to CryptoQuant analyst Darkfost. The move coincided with a surge in profit-taking from short-term holders, who sent more than 44,300 BTC to exchanges, marking the largest one-day realized profit event of 2026. Darkfost linked that activity to BTC moving above the short-term holder cost basis of about $67,100.
He also pointed to several catalysts behind the rally. Bessent said the United States would move forward with long-term Treasury buybacks and double their scale, a step that pushed down long-end yields. At a White House crypto meeting, Donald Trump said he was considering buying a "substantial" amount of BTC, urged Congress to pass the Clarity Act, and said he wanted to bring Hyperliquid to the United States.
Darkfost said it remains unclear whether the move reflects pure speculation or a genuine intention by the president to make the U.S. a global leader in crypto. As BTC attempts to break through the key $67,100 resistance level, he said short-term holder behavior bears close watching.
Bitcoin rose 7.1% in its best one-day showing since February, according to CryptoQuant analyst Darkfost.
Darkfost said short-term holders sent more than 44,300 BTC in profit to exchanges, setting the largest one-day profit-taking record of 2026. The activity came after BTC moved above the short-term holder cost basis of about $67,100.
What drove the move
Darkfost said several catalysts were behind the rally. Bessent announced that the United States would proceed with long-term Treasury buybacks and double their scale, pushing down long-end yields.
Another factor came from Donald Trump’s remarks at a White House crypto meeting. Trump said he was considering buying a "substantial" amount of BTC, urged Congress to pass the Clarity Act, and said he wanted to bring Hyperliquid to the U.S.
Focus on $67,100
Darkfost said it is still unclear whether the move was driven by pure speculation or by a genuine intention from the president to make the United States a global leader in crypto. With BTC trying to break above the key $67,100 resistance level, he said the behavior of short-term holders deserves close attention.
This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan. Disclaimer:
The market information, project data, and third-party content displayed on this platform are for industry information sharing only and do not constitute any form of investment advice or return commitment.
Cryptocurrency trading carries high risks. Users should fully assess their risk tolerance and make independent decisions. All profits, losses, and legal responsibilities are borne by the users themselves.
