CryptoQuant: Bitcoin Realized Profits and Losses Show Market Pattern Shifting to "Loss Confirmation," Potentially Confirming a Bear Market
According to Bitcoin realized profits and losses data, CryptoQuant indicates that realized profits have fallen to 2.5 million BTC, the lowest level since March 2024, similar to the level at the start of the last bear market in March 2022.
Furthermore, Bitcoin holders have experienced their first net loss since October 2023, accumulating a loss of 69,000 BTC since December 23. This marks a shift in market pattern from profit-taking to loss confirmation over the past 30 days.