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07:50
Data shows that Bitcoin's realized profit/loss ratio has dropped to approximately 1.5; a drop below 1 could trigger a capitulation sell-off.
according to glassnode, Bitcoin's realized profit and loss ratio (90-day simple moving average) has been continuously declining (currently about 1.5), gradually approaching 1, reflecting increasingly drying up market liquidity conditions. From historical experience, if this indicator continues to fall below 1, it is usually accompanied by widespread capitulation selling — meaning the realized losses across the entire market will exceed profit-taking behavior.
07:46
A certain whale/institution bought the dip in the past few days, acquiring 83,392 ETH and 1,500 cbBTC.
BlockBeats News, February 4th, according to on-chain data analyst Wu Jintao's monitoring, the whale/institution that has made $98.95 million in profits through scalping has once again bought 750 cbBTC (approximately $55.95 million) today. Over the past few days of sharp decline, he has bought the dip with a total value of $318 million in crypto assets, including: · 83,392 ETH ($204 million) at an average price of $2,450· 1,500 cbBTC ($113 million) at an average price of $75,820 Now he holds a total of 173,000 ETH ($406 million) and 1,500 cbBTC ($113 million), with an unrealized loss of $65.43 million. The average cost of ETH is $2,667, and the average price of cbBTC is $75,820.
07:44
A whale/institution increased holdings by 750 cbBTC, accumulating purchases of $318 million worth of ETH and cbBTC after the sharp drop.
According to ChainCatcher, on-chain analyst Yujin has monitored that the whale/institution, which previously made a profit of $98.95 million through swing trading, has bought another 750 cbBTC (worth $55.95 million). In the past few days following the sharp drop, this entity has purchased assets worth $318 million. Currently, this whale/institution holds 83,392 ETH (worth $204 million) at an average price of $2,450, as well as 1,500 cbBTC (worth $113 million) at an average price of $75,820. Now, in total, it holds 173,000 ETH (worth $406 million) and 1,500 cbBTC (worth $113 million), with an unrealized loss of $65.43 million. The average cost for ETH is $2,667, and for cbBTC is $75,820.
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