Golden Finance reported that CryptoQuant research director Julio Moreno posted on the X platform that the current Bitcoin price correction has led to a sharp decline in the unrealized profit margins of traders on the chain. Bitcoin had previously exceeded $100,000. Analysis shows that this kind of pullback is normal after a sharp rise and is conducive to the healthy development of the market. Currently, traders are seeing realized prices (which typically form price support in bull markets) of around $88,000, while Bitcoin is trading at around $93,000.