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The net profit/loss of Bitcoin tends to stabilize in the second half of this year

Bitget2024/08/27 23:09

According to Glassnode data, the net realized profit/loss of Bitcoin reflects the overall profitability of on-chain transactions. So far this year, this indicator has become more volatile, peaking in the first quarter when Bitcoin soared above $70,000. Despite this rebound, the indicator stabilized in the second half of 2024, indicating that after halving, as the market gradually matures, a balance has been reached between profits and losses. Note: Net realized profit/loss is the net profit or loss of all moving coins defined by difference between realized profits and losses.

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