According to the platform, for every dollar of loss being realized in the market, only 38 cents of profit are being taken. At the 2025 peak, this ratio reached level 50, implying that profit-takers were overwhelming loss sellers by a factor of 50x, but that key dynamic has completely inverted.
Glassnode highlighted that when a ratio drops deep below 1, it reflects a market where the majority of participants who are moving coins are doing so at a loss. This trend is a clear indication of a hallmark of intense capitulation.
Withdrawal Ongoing On Crypto Exchanges
