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Glassnode Glassnode @glassnode · 44.1K subscribers
Post #566 23K
#Bitcoin investors continue to realized a larger magnitude of losses vs profits on spent coins.

🟥Realized Losses = $319M/day
🟩Realized Profit = $226M/day

This is typical of bear markets, and a reversal is often associated with a pick up in demand.

Live Chart

We also explore the concept of Realized Profit and Loss for #Bitcoin in this On-chain 101 Guide video.

Here we explore how to use investor profit and losses to track #Bitcoin cycles, sentiment, and inflection points between bull and bear market structure.

Watch our video guide on Realized Profits and Loss
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