Bitcoin Realized Losses Spike 3 Times The Weekly Average – Healthy Correction...
Bitcoin has faced its first major correction since early November, dropping 13% from its all-time high of $108,364. This sudden pullback has sent shockwaves across the crypto market, shifting sentiment from extreme bullishness to uncertainty and even fear. The sell-off has been particularly brutal for altcoins, many of which are bleeding hard as Bitcoin struggles to regain momentum. Related Reading: On-Chain Metrics Reveal Cardano Whales Are ‘Buying The Dip’ – Details Key metrics from CryptoQuant highlight the gravity of the situation, with realized losses totaling $28.9 million—an....
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XRP has faced a steep correction over the past few days, plunging more than 23% since Tuesday amid heightened market volatility. Despite this sharp downturn, XRP has shown resilience, bouncing back with a notable 20% recovery since yesterday. This quick rebound has reignited discussions about XRP’s long-term prospects, even as short-term sentiment remains shaky. Related Reading: Bitcoin Realized Losses Spike 3 Times The Weekly Average – Healthy Correction Or Downturn? According to data shared by prominent crypto analyst Ali Martinez, whales have accumulated 80 million XRP since the....
Data shows the net amount of losses being realized in the Bitcoin market is going down, but nonetheless remains at a high value. Bitcoin Net Realized Profit/Loss Still Has A Pretty Negative Value As per the latest weekly report from Glassnode, the net loss realization has reduced a bit recently, but the market is not near a neutral level of selling yet. The “net realized profit/loss” is an indicator that measures the net magnitude of profits or losses being realized by all investors in the Bitcoin market. The metric works by looking at the on-chain history of each coin being....
Data shows Bitcoin long-term holders have realized a significant amount of losses recently, a sign that the final capitulation before the bottom may be here. Bitcoin Long-Term Holder SOPR Shows Average of 27% Losses Being Realized This Week According to the latest weekly report from Glassnode, BTC long-term holders seem to have harvested some losses this week. The “spent output profit ratio” (or the SOPR in short) is an indicator that tells us whether Bitcoin investors are selling at a profit or a loss right now. The metric works by looking at the on-chain history of each coin....
The Bitcoin price is hovering above $17,700 after an explosive overnight rally. Albeit the market sentiment is at its peak, some traders anticipate a healthy BTC price pullback might occur. Michael van de Poppe, a full-time trader at the Amsterdam Stock Exchange, said an average 30% correction would mark a healthy pullback for BTC. If […]
An on-chain signal that preceded crashes of at least 34% for Chainlink in the past has once again formed for the cryptocurrency. Chainlink 30-Day MVRV Ratio Recently Hit The 20% Mark As explained by an analyst in a post on X, the last two times the 30-day MVRV ratio broke above the 19% level, the price of LINK registered a sharp decline. The “Market Value to Realized Value (MVRV) ratio” is an indicator that measures the ratio between the Chainlink market cap and the realized cap. The “realized cap” here refers to the total amount of capital that holders of the....