XXAntiWar spent 1.79M USD on NiuLai since Aug 30 at sub 0.086 avg, moved 17.57M tokens to seven addresses while still underwater.

Trader @Jason60704294 holds BTC 5x short at $74,746.1 and ETH 7x short, facing $10.08M floating loss as BTC trades at $77,936.

MicroStrategy holds 840,447 BTC at $75,385 cost basis with price at $75641.25, shrinking unrealized loss from $9.9B to $685M while Bitmine ETH holdings recover $2.6B.

0x2E88 shorts 9346 ETH worth $21.43M on Aster DEX, already down $1.63M as ETH holds bullish structure at $2284 with overbought RSI.

CXMT short trader pays $3.078M funding fees, holds $21.12M position with $2.255M unrealized loss at $7.28 entry $6.5.

MicroStrategy sold 1690 BTC for $108M at $64262 while Bitmine bought 7391 ETH; current BTC at $64672.91 with EMA50 support at $64573.

Hyperliquid whale opens $85.66M longs including $74M S&P 500, $6.8M MU and $4.86M SNDK after pullback, now at $370K unrealized loss.

MicroStrategy holds 847363 BTC worth $51.32B facing $12.9B loss as BTC trades at $60201.21 with bearish EMA structure.

Garrett Jin holds 1,268.33 BTC at $76,117 entry with $14.7M unrealized loss on 5x long plus ZEC position now exceeding $101M total value.

Bitmine acquires 126971 ETH for $214.42M while holding 5.54M ETH worth $9.36B with $9.68B in losses and 4.72M ETH staked.

Bitcoin holdings show Michael Saylor Strategy at $12.456B loss and Tom Lee Bitmine at $10.362B loss with BTC at $60063.74 on bearish 4h chart.

Bitcoin sees over half of supply at unrealized loss, a signal aligning with every major bear market bottom, while BTC trades at $61340.02 on the 4h chart.

MicroStrategy unrealized BTC loss reaches -$12.7 billion record, down $28 billion in 12 months as BTC trades at $60953.21.

MicroStrategy records $10.8B unrealized Bitcoin loss with BTC at $63361.08 while S&P 500 gains 116% over six years.

Strategy posts $7.5 billion unrealized loss on 843706 BTC at $67421.99 as price breaks below 67K with average cost at $75699.

Glassnode data shows Bitcoin LTH relative unrealized loss at 15.5% near $69.5k, well below historical cycle lows of 50 cents on the dollar.

Glassnode reports LTH relative unrealized loss hit 15% in April, far below 75% in past bears, signaling untested conviction amid BTC drawdown at $82.1k with 6.9% market cap loss.

According to Glassnode, approximately 36.8 billion XRP tokens are currently in a loss, with an unrealized loss denominated at $50.8 billion. The on-chain SOPR (7-day EMA) metric has dropped to 0.96, indicating significant realized losses among holders. This negative profitability mirrors the September 2021 to May 2022 phase, characterized by prolonged consolidation and a SOPR below 1. XRP's aggregate holder cost basis has been breached, potentially triggering panic selling.

According to @glassnode, the unrealized loss in the Bitcoin (BTC) market at $70K equates to approximately 16% of the market cap, reflecting a pain structure similar to early May 2022. The analysis highlights that while bearish sentiment persists, unrealized losses at $107K represent only 1.3% of Bitcoin's market cap, far below the thresholds typically seen in mild or severe bear markets. This suggests the market pain has not yet reached levels characteristic of a true bear phase.

According to @glassnode, the Bitcoin market is experiencing a bear regime characterized by a high Relative Unrealized Loss, which measures the USD value of underwater coins relative to market cap. At $60k, this metric reached approximately 24%, surpassing the bull-bear market transition threshold and indicating a potential capitulation process. However, the market remains below extreme capitulation levels observed above 50%, suggesting further downside risk remains.