#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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