Bitcoin Realized Losses Jump 60% to -$410M
Visit this link and make consistent profit in Binance futures & SPOT trading – https://telegram.me/cryptosignalalert Visit – https://play.google.com/store/apps/details?id=com.freecryptosignals.app A recovery signal will require STH SOPR to return above 1.0 and Net Realized P/L to simultaneously turn positive. Traders holding Bitcoin (BTC) for a short time are selling it at a loss at an increasing rate as the 7-day moving average (7DMA) of Net Realized Profit/Loss has dropped to -$410 million, which is 60% worse than last week’s reading of -$256 million. At the same time, the Short-Term Holder Spent Output Profit Ratio, or STH SOPR, a measure that tracks whether recent buyers are selling above or below what they paid, has stayed in loss territory for nine days in a row. What the Numbers Show The Net Realized P/L metric adds up gains and losses on all BTC moved on-chain in a given period. When it’s negative, it means that more value was lost than gained across all transact...