Bitcoin realized profits drop to a 15-month low, with holders collectively in loss

YieldWhisperer · 2026-01-23T05:32:16+00:00

Bitcoin realized profits have dropped to 2.5 million BTC, hitting a new low since March last year. Holders are experiencing their first net loss of 69,000 BTC, and market sentiment has significantly cooled, reflecting an overall trend reversal.

YieldWhisperer

2026-01-23 05:32:16

Abstract generation in progress

【Blockchain Rhythm】According to on-chain data analysis, the realized profit of Bitcoin has dropped to 2.5 million BTC, the lowest since March last year. It’s worth noting that this level is similar to the beginning of the bear market in March 2022, indicating how cold the market sentiment is.

What’s even more heartbreaking is that Bitcoin holders have collectively entered a net loss state for the first time since October. Since December 23, the total accumulated loss has reached 69,000 BTC. What does this mean? Over the past month, the entire market’s rhythm has completely reversed — previously focused on profit-taking, it has now shifted to forced loss realization. The market’s warmth or coldness can be clearly seen from these on-chain data.

BTC0,5%

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TideReceder

· 17h ago

Tidal cycles, no one can escape --- Starting to cut losses again, I really can't hold on --- Loss of 69,000 BTC... this is the reality --- From profit to loss, turning around instantly, too fast --- The market is freezing cold, no one dares to move --- Holders are collectively crashing, this time really different --- The 2022 plot is repeating, those who can't endure should exit --- On-chain data can't be fooled, those who are running are already on their way --- How are cold wallets feeling now --- Being forced into a loss state, this is the real test of faith --- The tide has receded, those who should show up must show up

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AlphaWhisperer

· 01-23 06:02

Oh my, a loss of 69,000 BTC, how many people must be bankrupt... Here we go again, always talking about the "lowest," when will it ever hit bottom? Are the holders collectively losing? I just watch quietly, waiting for the big players to buy the dip. On-chain data is so cold that I actually want to add to my position, going against the trend? Where is the promised bull market? When will this bear market finally end?

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MetaverseLandlord

· 01-23 06:01

Oh my, a profit of 2.5 million coins is gone. How many people must be heartbroken? Should I quickly buy the dip or continue to lie flat? That's the question. Collective losses... To put it nicely, it's called a bear market; to be blunt, it's a slaughterhouse. A total loss of 69,000 coins. Who will save my asset pool? From profit to loss in just one month. The market really turns its back without warning. This price level really looks just like March last year—a cycle of ups and downs. Anyway, I've lost everything. Should I go all in and wait for the rebound? LOL. Wait, could the bottom be right here? On-chain data is so straightforward, it doesn't give any face at all.

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TerraNeverForget

· 01-23 06:00

Damn, we're starting to experience collective losses again, this pace is really intense... The loss of 69,000 BTC is really unbearable, feels like we're back to the same old tricks from 2022. Is 2.5 million just the realized profit? That number sounds really uncomfortable, it's a complete reversal. Should I keep holding the BTC in my hands? This is way too cold. From taking profits to being forced to realize losses, it's just been a month... On-chain data is written in black and white, can't be fooled, it's really cold. This round is really tough, feels like everyone is just holding on tight.

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BearMarketBarber

· 01-23 05:59

Damn, a loss of 69,000 Bitcoins... How many people's hard-earned money is that? --- Here we go again, every time it's the same story. When the price drops, there are all kinds of arguments about why to keep holding. Now they're starting to shift the blame onto on-chain data. --- The lowest point in 15 months, politely called the bottom zone, but frankly, it just means it still has to fall further. --- Really, this wave went from taking profits to a forced sell-off. The people in the middle must be collapsing. --- The profit of 2.5 million BTC has disappeared. Just looking at this number is despairing. Many people probably regret not clearing out earlier.

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FOMOSapien

· 01-23 05:55

A loss of 69,000 BTC... This is really a season of cutting losses now, and holders are collectively losing their composure.

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CrashHotline

· 01-23 05:41

69,000 BTC lost... I knew it would turn out like this, I should have run away long ago.

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