• Press Releases
    • Submit a press release
    • Read All
  • Advertise
  • Contact us
Crypto.com Logo Crypto.com Logo
Bitcoinist.com
No Result
View All Result
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
  • Industry
    • Press releases
  • Price
    • Bitcoin Price
    • Ethereum Price
    • Litecoin Price
    • Binance Coin Price
    • Monero Price
    • MimbleWimbleCoin Price
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Btcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
  • Play Games
  • BET&WIN
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
  • Industry
    • Press releases
  • Price
    • Bitcoin Price
    • Ethereum Price
    • Litecoin Price
    • Binance Coin Price
    • Monero Price
    • MimbleWimbleCoin Price
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Btcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
  • Play Games
  • BET&WIN
Bitcoinist.com
No Result
View All Result
Bitcoin Bear
Nexo

Bitcoin Realized Losses Remain Elevated Showing Sell-Side Hasn’t Exhausted Yet

Hououin Kyouma by Hououin Kyouma
4 months ago
in Bitcoin
0

On-chain data shows Bitcoin realized losses still remain elevated, showing that the sell-side pressure hasn’t exhausted yet.

High Amount Of Losses Are Currently Being Realized In Bitcoin Market

As per the latest weekly report from Glassnode, BTC realized losses have continued to be at high values recently, and seem to be climbing further up.

5 BTC + 300 Free Spins for new players & 15 BTC + 35.000 Free Spins every month, only at mBitcasino. Play Now!

The “realized loss” is an indicator that shows the total amount of Bitcoin losses that were reaped by investors on a given day.

The metric measures so by checking what price each coin on the chain was bought at, and what price it was then moved (sold) at. If the latter is lesser, then the difference is recorded as a loss.

When the value of this indicator moves up, it means investors have started to sell more of their Bitcoin at a loss. Sustained elevated values may show that the market is uneasy right now as holders sell off in the red to cut their losses.

BitStarz Player Lands $2,459,124 Record Win! Could you be next big winner?
Get 110 USDT Futures Bonus for FREE!

On the other hand, a downtrend in the metric suggests holders are slowing down on realizing their losses. This could be because of the price moving up, bringing more coins into profit. Or In bearish trends, this might be a sign of sell-side exhaustion in the BTC market.

Related Reading | Sotheby’s To Accept Bitcoin, Ethereum, And USDC For Rare Black Diamond

Now, here is a chart that shows the trend in the BTC realized losses over the past couple of years:

Bitcoin Realized Losses

The value of the indicator seems to be trending up recently | Source: The Glassnode Week Onchain - Week 3, 2022

As you can see in the above graph, realized losses have been trending up since a couple of months now, and are currently at an elevated level.

Related Reading | Will Rio De Janeiro Hold 1% Of Its Reserves In Bitcoin? And, What’s Rio Crypto?

These values are similar to the ones seen during the May-July sideways movement. This trend shows that investors aren’t feeling hopeful about the current market and thus cutting their losses by pulling out here.

The report notes that Bitcoin bulls will have to provide enough demand support here in order to absorb this selling.

If bulls are able to do it and the realized losses start moving back down, then it may mean that the sell-side exhaustion could be setting in.

BTC Price

At the time of writing, Bitcoin’s price floats around $41.8k, down 0.1% in the last seven days. Over the past month, the crypto has dropped 9% in value.

The below chart shows the trend in the price of BTC over the last five days.

Bitcoin Price Chart

BTC's price has once again dropped down in the last few days | Source: BTCUSD on TradingView
Featured image from Unsplash.com, charts from TradingView.com, Glassnode.com
ShareTweetShareShare

Sign Up for Our Newsletter!

For updates and exclusive offers enter your email.

I consent to my submitted data being collected and stored.
Hououin Kyouma

Hououin Kyouma

Loves to write, enthusiastic about cryptocurrency. Currently studying Physics at university.

Related Posts

Argentina

Argentina NGO Spearheads Mission To Educate High Schoolers About Crypto

8 hours ago
Russia

Russia To Legalize Cryptocurrency As Form Of Payment, Minister Says

12 hours ago
Bitcoin

Bitcoin Open Interest Nosedives, But All Hope Is Not Lost

20 hours ago
USDC Exchange Reserves Start Fall, Dry Powder For Bitcoin?

USDC Exchange Reserves Start Fall, Dry Powder For Bitcoin?

1 day ago
bitcoin

Bitcoin Fees Remain Low Despite Increased Activity, What’s Driving This?

1 day ago
Bitcoin

By The Numbers: Bitcoin’s Most Volatile Day Of 2022 Compared

2 days ago

Bitcoin news portal providing breaking news, guides, price analysis about decentralized digital money & blockchain technology.

Bitcoin

  • News
  • Price
  • Businesses
  • Acceptance
  • Technology
  • Investment
  • Regulation
  • Reviews

Altcoins

  • News
  • Price
  • Ethereum
  • Ripple
  • Litecoin
  • EOS
  • NAGA

Categories

  • Blockchain
  • Security
  • FinTech
  • Technology
  • Trending
  • Breaking News
  • Press Releases
  • How to

Pages

  • Contact us
  • Editorial Policy
  • Advertise
  • Crypto Prices from Nomics
© 2022 Bitcoinist.com. All Rights Reserved.
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
  • Industry
    • Press releases
  • Price
    • Bitcoin Price
    • Ethereum Price
    • Litecoin Price
    • Binance Coin Price
    • Monero Price
    • MimbleWimbleCoin Price
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Btcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
  • Play Games
  • BET&WIN

© 2021 Bitcoinist. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.