On-chain data shows the Bitcoin realized loss metric has stayed at a low value recently, despite the volatility that the coin has experienced.
Bitcoin Realized Loss Continues To Be At A Relatively Low Value
According to data from the on-chain analytics firm Glassnode, investors realized just $112 million in losses during the recent plummet in the cryptocurrency’s value.
The “entity-adjusted realized loss” is a metric that measures the total amount of loss (in USD) that Bitcoin investors have recently been realizing on the blockchain.
Whenever a coin sits still on the network for a while (meaning that it hasn’t been transferred to another address) and the price goes above or below the value at which it was acquired, the coin is said to gain an “unrealized profit/loss.”
When such a coin that’s carrying an unrealized profit or loss is finally moved or sold on the blockchain, the profit/loss it was carrying previously then becomes “realized.”
The realized loss metric spec
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