Roughly $200M of realized losses occurred on Feb. 9 in Bitcoin

by Jeremy

Definition

  • Web Realized Revenue/Loss is the web revenue or lack of all moved cash and is outlined by the distinction between Realized Revenue and Realized Loss.
  • Realized Revenue denotes the whole revenue (USD worth) of all moved cash that have been cheaper earlier than their final motion than the worth on the present motion.
  • Realized Loss denotes the whole loss (USD worth) of all moved cash that have been priced greater at their final motion than the worth on the present motion.

Fast Take

  • Bitcoin (BTC) dropped 3.9% prior to now 24 hours following Kraken’s settlement with the SEC.
  • Bitcoin noticed a realized lack of $200 million and a realized revenue of $184 million on Feb. 9.
  • The full internet realized loss stands at $16.2 million.
  • This implies liquidations have been the primary driver of unfavorable value motion.
Net realized profit/Loss: (Source: Glassnode)
Web realized revenue/Loss: (Supply: Glassnode)

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