The net profit/loss of Bitcoin tends to stabilize in the second half of this year
According to Glassnode data, the net realized profit/loss of Bitcoin reflects the overall profitability of on-chain transactions. So far this year, this indicator has become more volatile, peaking in the first quarter when Bitcoin soared above $70,000. Despite this rebound, the indicator stabilized in the second half of 2024, indicating that after halving, as the market gradually matures, a balance has been reached between profits and losses. Note: Net realized profit/loss is the net profit or loss of all moving coins defined by difference between realized profits and losses.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
No trading data for S&P 500 and Nasdaq 100 futures since 11:44
Next-generation digital finance AI assistant Minara is now officially open to users worldwide.
Current mainstream CEX and DEX funding rates indicate the market remains broadly bearish
