A single wallet tracked by @ai_9684xtpa has increased its altcoin accumulation to $10.79 million total cost basis across ZRO, WLD, BAT and CHIP, now sitting on $1.904 million in unrealized losses.

CXMT short by 0xf292 on $26.13M position racks up $3.82M funding fees plus $7.26M unrealized losses, showing perpetual contract bleed even in flat markets.

Strategy sold 1,690 Bitcoin for $108.6 million to repurchase STRC stock, with $432M BTC sales in 2026 and 840,447 BTC held amid $8.73B unrealized losses.

Bitcoin supply in loss hits 52.5% with 10.5M BTC underwater, matching prior market bottoms as price trades at $61720.63.

Bitcoin unrealized losses hit 6.9% of market cap at $82.1k, echoing May 2022 pain, with BTC price at $81,477 amid bullish trends.

SOL at 54.8% and XRP at 31.8% unrealized losses dwarf BTC's 11.9% and ETH's 16.6%, signaling heavy altcoin supply concentration near cycle highs in crypto market crash scenarios.

Glassnode data shows Bitcoin long-term holders' unrealized losses at 14% of market cap, far below historical bear resolutions, amid weak demand despite price bounce to $72K.

According to Glassnode, unrealized losses in the Bitcoin (BTC) market have reached approximately 19% of the market cap at a price level of $67k. This market condition mirrors a similar structure observed in May 2022, indicating a significant level of market pain. Traders should monitor potential parallels and market sentiment shifts for strategic decision-making.

According to @lookonchain, Metaplanet purchased another 4,279 BTC for about $448M at an average price of $104,679; source: x.com/lookonchain/status/2005928877173137613 and Metaplanet disclosure contents.xj-storage.jp/xcontents/33500/4a51c54b/ec98/4363/bc59/64c440d858e3/140120251229527957.pdf. According to @lookonchain, Metaplanet now holds 35,102 BTC with a blended cost basis of $102,246; source: x.com/lookonchain/status/2005928877173137613 and company filing contents.xj-storage.jp/xcontents/33500/4a51c54b/ec98/4363/bc59/64c440d858e3/140120251229527957.pdf. According to @lookonchain, the position shows over $504M in unrealized losses, offering clear BTC reference levels at $104,679 (latest buy) and $102,246 (company cost basis) for traders; source: x.com/lookonchain/status/2005928877173137613.

According to @CryptoKing4Ever, Bitcoin just triggered a two-year MVRV Z Score oversold reading, which the source states has occurred only six times in BTC history (source: @CryptoKing4Ever). According to @CryptoKing4Ever, this indicates the average holder is carrying deep unrealized losses (source: @CryptoKing4Ever). According to @CryptoKing4Ever, BTC is now more undervalued by this metric than during the 2022 FTX crash (source: @CryptoKing4Ever).

According to @lookonchain, the trader known as BitcoinOG (handle 1011short) added 207,316 SOL worth about $25.7M to his long positions, source: Lookonchain on X (Dec 25, 2025) and HyperDash legacy.hyperdash.com/trader/0xb317d2bc2d3d2df5fa441b5bae0ab9d8b07283ae. According to @lookonchain, his current longs stand at 203,341 ETH (~$603M), 1,000 BTC (~$88M), and 508,929 SOL (~$63M), source: Lookonchain on X and HyperDash legacy.hyperdash.com/trader/0xb317d2bc2d3d2df5fa441b5bae0ab9d8b07283ae. According to @lookonchain, he is now sitting on over $43M in unrealized losses, with cumulative funding fees exceeding $2.8M, source: Lookonchain on X and HyperDash legacy.hyperdash.com/trader/0xb317d2bc2d3d2df5fa441b5bae0ab9d8b07283ae. According to @lookonchain, based on the reported notional values, his aggregate long exposure across ETH, BTC, and SOL is approximately $754M, source: Lookonchain on X.

According to the source, a new report finds most Bitcoin-stacking corporate buyers are currently sitting on unrealized losses, while a subset sold BTC into last month’s price decline, source: report referenced by the source. For traders, these findings flag a near-term supply watch: monitor on-chain flows from known corporate treasury addresses and any exchange inflow spikes to gauge selling pressure, source: report referenced by the source. Disclosure checkpoints such as U.S. SEC Form 8-K and Form 10-Q can also reveal material treasury activity, aiding confirmation of sales reported by the study, source: U.S. SEC Form 8-K and Form 10-Q instructions and report referenced by the source.

According to @glassnode, unrealized losses across the crypto market have climbed to approximately $350 billion, with around $85 billion in BTC. Source: Glassnode, Dec 11, 2025, glassno.de/4oRkiua. @glassnode adds that multiple on-chain indicators are signaling shrinking liquidity across the ecosystem. Source: Glassnode, Dec 11, 2025, glassno.de/4oRkiua. As a result, @glassnode indicates the market is likely entering a high-volatility regime in the weeks ahead, a key consideration for near-term trading. Source: Glassnode, Dec 11, 2025, glassno.de/4oRkiua.

According to @lookonchain, whale address 0x7915 purchased another 60,000 AAVE worth $10.68M via Galaxy Digital OTC about 9 hours ago. According to @lookonchain, since Oct 13 the address has accumulated 338,005 AAVE worth $59.93M through Galaxy Digital OTC at an average entry near $218, with the position currently showing approximately $13.8M in unrealized losses.

According to @ai_9684xtpa, ETH fell to 3,200 dollars as a trader who switched to a new address opened large longs near the start of the dump, source: @ai_9684xtpa; hyperbot.network. The new address holds 7,595.25 ETH in long exposure with about 1.858 million dollars in unrealized losses, source: @ai_9684xtpa; hyperbot.network. The trader also reopened longs on the original address about 9 hours earlier, now holding 7,040.16 ETH with about 1.232 million dollars in unrealized losses, source: @ai_9684xtpa; hyperbot.network. Combined unrealized losses across the two addresses reach roughly 3.09 million dollars while both positions remain open, with the wallets referenced as 0x95815F5b... and 0x93c841b..., source: @ai_9684xtpa; hyperbot.network.