Bitcoin Holders See First 30-Day Realized Losses Since Late 2023
Bitcoin holders experienced their first 30-day stretch of net realized losses since late 2023, indicating selling pressure from those who bought at higher prices.Summary
Bitcoin (BTC) holders have recorded a net loss over a 30-day period for the first time since October 2023, according to data from CryptoQuant shared by Julio Moreno. This means that coins moved on-chain during the past month were sold below their original purchase cost, as indicated by the rolling 30-day realized profit and loss metric dipping below zero. This selling pressure suggests that holders who purchased at higher levels are now exiting their positions.
This trend occurs while gold has surged to record highs, surpassing $4,700 per ounce amid rising geopolitical tensions and tariff threats from US President Donald Trump, pushing investors toward traditional safe-haven assets. This divergence has caused the Bitcoin-to-gold ratio to drop sharply, though one analyst noted that Bitcoin previously outperformed gold when the ratio was at similar levels.
Furthermore, US-listed spot Bitcoin ETFs saw $394.7 million in net outflows on Monday, breaking a four-day inflow streak. Experts suggest that aggressive trading rhetoric and tariff threats historically create headwinds for risk assets like Bitcoin.
(Source：Cointelegraph)