By Wayne Jones Bitcoin (BTC) has slipped back to price levels last seen in October 2024, the exact moment when whales began their most recent accumulation phase. On-chain data now shows these large holders are continuing to buy, not exit, suggesting the current downturn may be viewed as a re-entry opportunity rather than a reason […]
Tag: NUPL
By Chayanika Deka The cryptocurrency market remained subdued amidst short-term nerves, mixed signals, and no clear direction. Bitcoin also showed limited conviction and was visibly under pressure after shedding over 1% of its value in the last 24 hours. Data shows BTC’s strongest rallies start only after long-term investors absorb unrealized losses and selling pressure […]
By Keshav Verma On-chain data shows Bitcoin short-term holders have extended their underwater streak, with BTC continuing to trade under their cost basis. Bitcoin Short-Term Holders Are Still Holding Net Losses In a new post on X, on-chain analytics firm Glassnode has talked about the latest trend in the Net Unrealized Profit/Loss (NUPL) for Bitcoin […]