Bitcoin Realized Losses Hit Luna Crash Levels — But Price Context Points To A...
Bitcoin is facing renewed selling pressure after losing the key $70,000 level, a breakdown that has pushed the market into a more defensive phase. The inability to hold this psychological support has weighed on sentiment. With traders increasingly cautious as volatility rises and liquidity conditions remain uncertain. Price action near the mid-$60,000 range now represents a critical zone where market participants are assessing whether the current move is a deeper correction or simply another consolidation phase within the broader cycle. Related Reading: Bitcoin Drop Wipes Billions From....
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As an aftermath of the October 10 market crash, where Bitcoin’s price reached levels as low as $101,500, the market is exhibiting a recognizable bearish on-chain structure. While the selling momentum seems to be slowing down, giving a sliver of hope to potential market participants, recent on-chain analysis seems to point towards caution as the more correct sentiment to have in the short term. Realized Profits Climb As High As $2.25 Billion In an October 11 post on social media platform X, technical and on-chain analyst Darkfost revealed that a lot of Bitcoin investors might still be....
Active addresses did not mimic previous successful price breakout this month, one analyst says, while seemingly realized price returns as resistance. Bitcoin (BTC) is staging a repeat of price action from May with its latest drop, the latest data shows.As the dust settles on a 6% comedown for BTC/USD, analysis argues that its trip to $25,000 was never meant to last.Realized price comes back to haunt the BTC chartAfter taking some by surprise with its magnitude, the latest snap losses for BTC price action are still playing out.After falling from $23,800 to as low as $21,400 in a single....
Bitcoin is printing on-chain loss-taking on a scale last seen during the Luna/UST meltdown, but at a radically different price point, a distinction that changes what the signal likely means for this drawdown. Axel Adler Jr. said Bitcoin’s Net Realized Profit/Loss has sunk deep into negative territory, with the 7-day moving average falling to -$1.99 billion on Feb. 7 before improving slightly to -$1.73 billion by Feb. 10. That places the current regime among the most severe loss-dominant stretches on record. Adler described it as “the second deepest negative reading in the entire history of....
Bitcoin has faced another retrace in the past day that has brought its price to the short-term holder cost basis, a level that has acted as support thus far. Bitcoin Is Making Yet Another Retest Of The STH Realized Price As explained by CryptoQuant community analyst Maartunn in a new post on X, Bitcoin could be at the fourth step of the short-term holder (STH) Realized Price cycle. The “Realized Price” here refers to an indicator that measures the average cost basis of the investors on the BTC network. When the value of this metric is greater than the spot price, it means the....
This week, chaos broke out across the crypto market leaving investors in LUNA with extreme losses. Horror stories are beginning to spread regarding the aftermath. Specifically, there have been widespread reports of suicide related to the crash. As such, we wanted to take a break from our normally scheduled content to put a spotlight on […]