{"id":119651,"date":"2025-12-11T13:30:23","date_gmt":"2025-12-11T13:30:23","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=119651"},"modified":"2025-12-11T13:30:23","modified_gmt":"2025-12-11T13:30:23","slug":"bitcoin-realized-losses-from-entities-surges-to-2022-levels-following-crash-below-90000","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=119651","title":{"rendered":"Bitcoin Realized Losses From Entities Surges To 2022 Levels Following Crash Below $90,000"},"content":{"rendered":"

Bitcoin\u2019s price action in the past two weeks has opened a new phase of stress among traders, <\/a>with on-chain data showing realized losses climbing to heights last observed in 2022.\u00a0<\/p>\n

Glassnode\u2019s latest Week-On-Chain report shows Bitcoin is<\/a> trading above an important cost-basis level but is also visibly straining under intensified loss realization, fading demand and weakening liquidity, which has placed short-term investors in a difficult position.\u00a0<\/p>\n

Realized Losses Return To Deep Territory<\/h2>\n

According to Glassnode, realized losses among Bitcoin entities have risen <\/a>massively, and is now almost at the same magnitudes recorded during the deep retracements of the 2022 bear market. Particularly, the Relative Unrealized Loss (30D-SMA) has climbed to 4.4% after nearly two years below 2%.<\/p>\n

The escalation in loss realization reflects how the recent drawdown below $90,000 has forced a large number of market participants to offload coins at prices below their acquisition cost. This, in turn, has disrupted the gradual improvement in profitability seen earlier in the year.\u00a0<\/p>\n

Bitcoin\u2019s recent bounce from<\/a> the November 22 low to above $92,000 hasn\u2019t eased the strain on holders. Glassnode noted that entities are still locking in losses at an increasing pace, with the 30-day average of realized losses now at around $555 million per day.\u00a0<\/p>\n

These conditions mean that investors are losing confidence in short-term upside prospects for Bitcoin and choose to reduce exposure, even at unfavorable prices. Therefore, the report noted that resolving it will require a renewed wave of liquidity and demand to rebuild confidence.<\/p>\n

Glassnode also highlights a sharp rise in profit-taking among long-term holders, whose realized gains have climbed to roughly $1 billion per day and briefly set a new record above $1.3 billion.\u00a0<\/p>\n

Even with this elevated level of distribution, Bitcoin is currently positioned just above the True Market Mean, which is a long-standing cost-basis benchmark that serves as a point of structural support. The recent price downturn below $90,000 has pushed this zone close to its limits, but the glimpse of demand reflected around it suggests that price could revisit the 0.75 quantile near $95,000 and possibly approach the short-term holder cost basis as well.<\/p>\n

Spot ETF, Futures, And Options Markets Indicate Weakness<\/h2>\n

Glassnode\u2019s report points to persistent softness across ETF flows, which have cooled notably after a period of strong inflows earlier in the year. This slowdown represents a reduction in one of the largest and most immediate sources of buy-side liquidity for Bitcoin.<\/a><\/p>\n

Spot market liquidity has also faded, with order books on major exchanges near the lower bound of their 30-day range. This has created an environment where trading activity has weakened <\/a>through November and into December, and fewer liquidity flows are available to absorb volatility or sustain directional moves.<\/p>\n

Derivatives positioning reflects similar caution, with funding rates pinned near neutral. Futures open interest has also been subdued and has failed to meaningfully rebuild since the breakdown below $90,000.\u00a0<\/p>\n

Across all major venues, the tone is the same: liquidity is lighter, sentiment is softening, and participants are leaning defensive rather than pursuing short-term rallies. The attention is now on how Bitcoin will respond in the aftermath <\/a>of the Federal Reserve\u2019s recent rate cut.<\/p>","protected":false},"excerpt":{"rendered":"

Bitcoin\u2019s price action in the past two weeks has opened a new phase of stress among traders, with on-chain data showing realized losses climbing to heights last observed in 2022.\u00a0 Glassnode\u2019s latest Week-On-Chain report shows Bitcoin is trading above an important cost-basis level but is also visibly straining under intensified loss realization, fading demand and […]<\/p>\n","protected":false},"author":0,"featured_media":119652,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-119651","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/119651"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=119651"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/119651\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/119652"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=119651"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=119651"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=119651"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}