MarketPR
On-chain analytics firm Glassnode reports that $BTC realized losses have dropped 46%, with bid-side liquidity in spot markets turning supportive — a combination the firm describes as evidence that the latest capitulation wave is "twice as weak" compared to prior episodes.
The data points to easing sell pressure, setting up a test of whether buyers can push the price back above $70,000.
What the On-Chain Numbers Show Realized losses measure the aggregate dollar value locked in by sellers who exit positions below their cost basis.
A 46% decline in that figure means fewer coins are changing hands at a loss, which Glassnode interprets as capitulation running out of steam rather than accelerating.
Keep reading