Bitcoin holders see first 30-day stretch of realized losses since late 2023
|Bitcoin holders have realized net losses over 30 days, marking the first such stretch since late 2023, after more than two years dominated by realized profits.
According to data shared by Julio Moreno, head of research at CryptoQuant, the Bitcoin rolling 30-day realized profit and loss metric has dipped below zero, indicating that coins moved onchain during the past month were sold at below their purchase cost.
“Bitcoin holders realizing losses, for a 30-day period since, late December for the first time since October 2023,” Moreno wrote on X.
The net realized profit/loss metric shows the net magnitude of profit or loss realized by all holders spending coins, according to CryptoQuant. A negative reading does not necessarily imply a price decline, but rather suggests that selling pressure is increasingly coming from holders who bought at higher levels.
Gold hits record high as global tensions rise
Amid the renewed pressure on Bitcoin and digital assets, gold has surged past $4,700 per ounce for the first time as rising geopolitical tensions continue to push investors toward traditional safe-haven assets.
On Tuesday, spot gold climbed to an all-time high of $4,701.23 before easing slightly, while US gold futures also set fresh records. Silver followed closely, trading near historic highs after briefly touching $94.72 per ounce.
The rally in precious metals came as global sentiment deteriorated following fresh tariff threats from US President Donald Trump, who warned of new trade measures against European allies unless Denmark agreed to cede Greenland, reviving concerns about a broader trade conflict.
The diverging performance has dragged the Bitcoin-to-gold ratio sharply lower, down more than 50% from its F4peak, according to Bitfinex. “Last time we were here, BTC went on to outperform gold. Worth watching this cross as 2026 liquidity builds,” the analyst wrote on X.
Spot Bitcoin ETFs bleed amid rising tensions
US-listed spot Bitcoin exchange-traded funds (ETFs) also recorded $394.7 million in net outflows on Monday, according to data from SoSoValue, snapping a four-day inflow streak that had brought more than $1.8 billion into the products.
“President Trump's aggressive trading rhetoric is pushing the market back into full de-risking mode,” Valr co-founder and CEO Farzam Ehsani said in a recent note shared with Cointelegraph.
Ehsani added that tariff threats and retaliatory measures have historically created “significant headwinds for digital and other risk assets.”
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.