Bitcoin Realized Losses Going Down, But Still At Significant Value
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....
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Capitulation and all-time high realized losses plague Bitcoing. What's really happening?
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....
Data from Glassnode shows more than $7 billion in Bitcoin losses was realized within three consecutive days, the most in the history of the crypto. Highest Ever Bitcoin Loss Realization Took Place During The Last Few Days Latest on-chain data released by Glassnode shows BTC investors took a heavy amount of losses in the past […]
The classic bottom zone reappears on the back of serious sell pressure stoked by mayhem on stablecoin markets. Bitcoin (BTC) bounced past $28,000 during May 12 after repeating a chart structure not seen since March 2020.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBTC seller losses spiralData from Cointelegraph Markets Pro and TradingView continued to track BTC/USD as it briefly fell to just under $24,000 on Bitstamp.A strong reversal then sent the pair several thousand dollars higher in minutes, with consolidation then taking hold to see it trade at around $27,000.The bounce....
According to the latest on-chain observation, the Bitcoin traders’ realized losses have reached a level that has proven critical to the coin’s movement multiple times in recent years. This begs the question — is the Bitcoin price bottoming out? Traders’ Realized Losses Below -12 Again — What Happened Last Time? In a recent post on […]