Categories: Bitcoin Latest News

Glassnode: Bitcoin Holders Realized 14x More Losses Than Profits Recently

Data from Glassnode reveals Bitcoin holders realized 14 times more losses than profits in recent weeks.

Bitcoin 7-Day MA Realized Profit/Loss Ratio Sets New All-Time Low

As per the latest weekly report from Glassnode, the realized profit/loss ratio has assumed its lowest value ever recently.

Whenever a coin sits idle on the chain and the price of Bitcoin changes, it accumulates some amount of profit or loss, depending upon the direction of the price fluctuation.

This profit or loss is called “unrealized” so as long as the coin holds still in the same wallet, but as soon as the holder moves/sells this coin, the total amount of profit/loss it was carrying is then said to be “realized.”

The realized profit and the realized loss metrics keep track of such amounts of profit and loss being harvested by investors across the BTC market.

Now, the “realized profit/loss ratio” is an indicator that measures the ratio between the current values of these two metrics.

Here is a chart that shows the trend in the 7-day moving average of this Bitcoin ratio over the history of the crypto:

The 7-day MA value of the metric seems to have been quite low in recent days Source: BTCUSD on TradingViewFeatured image from 愚木混株 cdd20 on Unsplash.com, charts from TradingView.com, Glassnode.com

Tags: bitcoinBitcoin Realized LossBitcoin Realized Profitbtcbtcusdglassnode

NewsBTCRead More

AddThis Website Tools

Recent Posts

Metaplanet Spends Another $26M Buying Bitcoin, Lifting Holdings Above 2K BTC

Metaplanet (3350) said it bought a further 269.43 bitcoin (BTC), strengthening its position as a…

58 minutes ago

U.S. Crypto Task Force to Focus on Delivering National Bitcoin Reserve: Bernstein

The U.S. crypto task force will focus on starting up a national bitcoin (BTC) reserve,…

2 hours ago

In a Lethargic Bitcoin Market, BTC $110K Option Play Emerges as Top Trading Strategy

Bitcoin (BTC) has been relatively listless this month, hunching below $100,000. However, this hasn't deterred…

4 hours ago

Bitcoin Whales Accumulate—Will This Push BTC Toward $100K?

Changing macroeconomic conditions and big investment activity are driving Bitcoin near the crucial $97,000 resistance…

4 hours ago

Bitcoin Price Falls Short Again—Is a Deeper Decline Coming?

Bitcoin price is struggling to clear the $100,000 resistance zone. BTC is again moving lower…

8 hours ago

Bitcoin Price Outlook: Will BTC Rebound Or Drop To $76,000?

The price of Bitcoin (BTC) has shown only sideways movement in the last day resulting…

16 hours ago