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Glassnode Glassnode @glassnode · 44.1K subscribers
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Our video report for Week 49 is now also live.

We explore
- The prevailing regime of loss realization by the Bitcoin market.
- All-time-low in Realized P/L Ratio and what it means.
- 17% decline in the Realized cap, returning to May 2021 levels.
- Observations regarding the uptick in on-chain activity.

Watch our video report.
YouTube The Week On-chain: A Capital Reset - Week 49, 2022 (Bitcoin Onchain Analysis) In the wake of one of the largest deleveraging events in digital asset history, the Bitcoin Realized Cap has declined such that all capital inflows since May 2021, have now been flushed out. There is an associated uptick in on-chain activity, however it lacks…
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