cryptd.in

암호화폐 친화적인 인재를 위한 대체 링크드인

Bitcoin Holders Now Doing Loss-Taking: Sign That A Turnaround Is Near?

-

by

in

On-chain data shows that Bitcoin investors have ended their net profit-taking spree recently, a potential sign that a price reversal could occur soon.

Bitcoin Daily Realized Profit Loss Ratio Has Dipped Below 1 Recently

As explained by CryptoQuant author Axel Adler Jr in a new post on X, realized losses have started to exceed profits recently. The on-chain metric of interest here is the “Daily Realized Profit Loss Ratio,” which, as its name suggests, tells us about how the Bitcoin investors’ profits compare against the losses.

The metric works by going through the transaction history of each coin sold to see what price it was moved at before this. If this previous selling price for any coin was less than the current spot price, then that particular coin is being moved at a profit.

Similarly, sales of coins of the opposite type lead to loss realization. The indicator adds these profits and losses for the entire market and takes their ratio to produce its value.

When the indicator is above 1, the investors realize more profits than losses with their selling. On the other hand, this threshold implies the dominance of loss-taking in the market.

Now, here is a chart that shows the trend in the Bitcoin Daily Realized Profit Loss Ratio over the past few years:

As displayed in the above graph, the Bitcoin Daily Realized Profit Loss Ratio has mostly been above 1 for the past year. Not just that, the indicator has been significantly above the mark for a lot of this time, which suggests profit realization has been quite notable.

The reason behind this is the appreciation the BTC price has enjoyed during this period. From the chart, it’s visible that peak profit-taking coincided with the all-time high (ATH) in March, as would be expected.

Interestingly, profit-taking still massively outweighed the loss-taking in the months that followed the ATH, where BTC price consolidated inside a range. It would appear that this appetite for taking profits has run out recently, a potential result of the sideways trajectory showing no signs of ending.

The ratio has now started to flip the other way, with losses taking center stage. The analyst has noted that such a shift towards loss-taking generally occurs at the end of consolidation periods.

So far, the lowest the ratio has gone is 0.66, which is not too low compared to past loss-taking events. Thus, the capitulation may deepen before Bitcoin can start a fresh rally.

BTC Price

Bitcoin has recently continued to be locked in a sideways trajectory as its price still trades around $58,400.

댓글

답글 남기기

이메일 주소는 공개되지 않습니다. 필수 필드는 *로 표시됩니다

최신 피드

인기 카테고리

ko_KR 한국어
ko_KR 한국어 en_US English ro_RO Română et Eesti ja 日本語 ru_RU Русский de_DE Deutsch es_ES Español zh_CN 简体中文 fr_FR Français zh_TW 繁體中文 pt_PT Português it_IT Italiano pl_PL Polski tr_TR Türkçe nl_NL Nederlands id_ID Bahasa Indonesia el Ελληνικά uk Українська bg_BG Български cs_CZ Čeština fi Suomi hu_HU Magyar lv Latviešu valoda lt_LT Lietuvių kalba nb_NO Norsk bokmål sk_SK Slovenčina sl_SI Slovenščina sv_SE Svenska

웹사이트 검색

인기 스토리

태그

#AlexeyPertsev (1) #BidenCryptoBan (1) #BidenElection (1) #BinanceVsCoinbase (1) #B비트코인 (458) #BitcoinETF (3) #B비트코인기초 (1) #B비트코인 취급 (1) #B비트코인가격 (5) #B비트코인가격수준 (1) #B비트코인펌프 (1) #B비트코인예치 (1) #B비트코인서지 (1) #BitcoinTop (1) #Bitfinex (1) #B비트 단위 (1) #브레이스브리지캐피털 (1) #BRC20토큰 (1) #BTC취득 (1) #B울리스틱 예측 (1) #BullishSentiment (1) #C중국광업 (1) #CPIP리뷰 (1) #CryptoAsset (2) #CryptoBattle (1) #CryptoBoom (1) #CryptoExpert (1) #CryptoInsights (1) #CryptoMania (1) #CryptoMarket (4) #CryptoPrediction (1) #CryptoPredictions (1) #CryptoRegulation (2) #CryptoTakeoff (1) #CryptoTiming (1) #CryptoTips (1) #CryptoTreasury (1) #CryptoUncertainty (1) #DerivativeJump (1) #Dogecoin (74) #DogecoinGains (1) #DogecoinVolume (1) #DutchCourt (2) #ECommerce (1) 1TP5테엘살바도르비트코인 (1) 1TP5테더리움 (74) 1TP5테더리움통증 (1) 1TP5테더리움가격 (1) 1TP5전문가 의견 (1) #FedRateCut (1) #FiatCurrency (1) #FinancialImpact (1) #FinancialPrivacy (1) #FirmShutdown (1) #FrozenAccounts (1) #IllicitFunds (1) #인플레이션데이터 (1) #투자 (1) #투자손실 (1) #일본기업 (1) #LegalAction (1) #LegalImpact (1) #법률 (1) #라이트닝 네트워크 (1) 1TP5시장분석 (3) 1TP5시장 모니터링 (1) 1TP5시장 예측 (1) 1TP5시장 예측 (1) #MarketProjection (1) 1TP5마켓지원 (1) 1TP5시장변동성 (1) #M결혼 (1) #MemeCoin (5) #MemeCoins (2) #M광부수익성 (1) #MoneyLaundering (2) #MtGox (4) 1TP5북한암호화 (1) 1TP5노보그라츠예측 (1) #P가격 마일스톤 (1) #P가격 예측 (2) #P가격 질문 (1) #PriceSurge (1) #P형량 (1) #QuantAnalysis (1) 1TP5규제압력 (1) #SEC안티크립토 (1) #ShibaInu (6) #SocialBuzz (1) 1TP5기술분석 (1) #Toncoin (3) #TornadoCash (3) #TornadoCashDev (1) 1TP5토네이도캐시개발자 (1) #UKCrypto (1) #업사이드 잠재력 (1) #USCongress (1) #와이오밍랜드 (1) #XRP가격 (1) #XRP업스윙 (1)

유용한 링크

유용하다고 생각되어 공유하고 싶은 링크.