According to a report by on-chain analysis firm Glassnode, Bitcoin's unrealized losses have reached a historical low, accounting for just 2.9% of the market value. This data suggests that, despite recent volatility, most investors are still in a relatively profitable position.
The report highlights that the ratio of unrealized profits to losses stands at 6:1, with only 20% of trading days showing a higher ratio, indicating that the average investor remains in a healthy financial situation.
However, since Bitcoin peaked at its all-time high of $73,000, realized profits have significantly decreased, while loss events have increased. This trend points to a clear downward shift in the market.
Despite this, the seller risk ratio has now dropped into a lower range, signaling that most coins are close to their original purchase price. This indicates that profit and loss activities are becoming more balanced, with fewer significant market movements expected in the short term.