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20/01/26 10:28 UTC-04

Bitcoin Holders Post Losses for 30 Consecutive Days for the First Time Since October 2023

 

According to CryptoQuant, bitcoin holders have recorded losses for 30 consecutive days for the first time since October 2023.

“BTC holders have been posting losses for 30 days starting from late December, for the first time since October 2023,” said Julio Moreno, Head of Research at the firm.

The 30-day realized profit and loss metric has fallen below zero, indicating that coins moved on the network over the past month were sold at prices below their cost basis.

The realized profit/loss indicator reflects the net profit or loss generated by all holders who spend coins, CryptoQuant noted. A negative reading does not necessarily imply a price decline, but rather points to increasing selling pressure from holders who purchased assets at higher prices.

Amid rising tensions surrounding Greenland, spot bitcoin ETFs ended a four-day inflow streak. On Monday, ETF issuers reported outflows totaling $394.7 million.

Meanwhile, gold continues to set new records. On Tuesday, the spot price of the precious metal reached an all-time high of $4,701.23. Silver is also keeping pace, trading near record highs after briefly rising to $94.72 per ounce.

See also: "Steven McClurg presents an XRP price forecast for 2026"

#Bitcoin (BTC)

Editor: Yulia Krasnaya
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