Roughly $200M of realized losses occurred on Feb. 9 in Bitcoin
Definition
- Net Realized Profit/Loss is the net profit or loss of all moved coins and is defined by the difference between Realized Profit and Realized Loss.
- Realized Profit denotes the total profit (USD value) of all moved coins that were cheaper before their last movement than the price at the current movement.
- Realized Loss denotes the total loss (USD value) of all moved coins that were priced higher at their last movement than the price at the current movement.
Quick Take
Related Posts
- Bitcoin (BTC) dropped 3.9% in the past 24 hours following Kraken’s settlement with the SEC.
- Bitcoin saw a realized loss of $200 million and a realized profit of $184 million on Feb. 9.
- The total net realized loss stands at $16.2 million.
- This suggests liquidations were the main driver of negative price action.
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