cryptd.in

암호화폐 친화적인 인재를 위한 대체 링크드인

Bitcoin’s (BTC) On-Chain Data Just Flashed a Major Warning Sign

-

by

cryptd.in
in

Bitcoin is showing signs of a capitulation phase as capital continues leaving the network and investors lock in losses across the market, according to the latest analysis by crypto analyst Axel Adler Jr.

Data suggests that Bitcoin’s Realized Cap 30D Change dropped to -1.1%. This is the first time since mid-March that outflows have reached this level.

Capitulation Signals

Realized Cap measures the aggregate value of all Bitcoin based on the price at which coins last moved, and its 30-day change is used to track whether capital is entering or leaving the network. Adler explained that Realized Cap declined by around $12 billion from its mid-May peak of approximately $1.087 trillion to $1.075 trillion.

The pace of contraction also accelerated sharply in recent days. On June 1, the indicator was still at -0.15%, but by June 8 it had fallen to -1.1%. During the same period, BTC’s price dropped from $82,000 to $63,000, representing a 23% decline. According to the analysis, the current pace of outflows is already comparable to the early stage of the March capitulation event, when the indicator eventually fell to -2.4%. This suggests there is still room for further deterioration before conditions reach the March extremes.

The first positive sign would be stabilization in the 30-day change near zero before turning upward. Until then, the market regime remains negative.

The analysis also revealed that Bitcoin’s Adjusted SOPR SMA-30, or aSOPR, which measures whether coins are being sold at a profit or loss, fell below the crucial 1.0 level on May 28 and has now remained below that threshold for 13 consecutive days.

Its current reading of 0.987 indicates that coins moved on-chain are being sold at an average loss of about 1.3%. The indicator has continued trending downward without any meaningful recovery since breaking below 1.0.

As such, a continued period with aSOPR below 1 is a classic sign of weak hands being flushed out of the market. Adler added that sellers remain in control until the indicator reverses upward and retests the 1.0 level. The analyst said the major trigger for a regime change would be a recovery in aSOPR above 1.0 alongside stabilization in Realized Cap outflows. Until those signals appear, the market remains in a capitulation regime, with the risk of deeper outflows toward the March extreme of -2.4%.

Historical Profitability Reset

Separate data from CryptoQuant revealed that Bitcoin’s Percent Supply in Profit metric is moving closer to the 45% level. This area has historically coincided with deeper corrections and capitulation phases. The decline indicates that recent price weakness is no longer affecting only a small group of holders, as a growing portion of the Bitcoin supply has now lost its unrealized profit cushion.

CryptoQuant added that similar profitability compression in previous cycles often took place as weaker hands exited the market while long-term investors gradually accumulated coins.

게시물 Bitcoin’s (BTC) On-Chain Data Just Flashed a Major Warning Sign 에 처음 등장 크립토포테이토.

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 (448) #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 (73) 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.