According to ME News, on April 14 (UTC+8), Glassnode tweeted that the Relative Unrealized Loss, measured as a percentage of market capitalization, reflects the overall extent of unrealized losses among holders, indicating how deeply investors are in underwater positions. As of now: SOL is at 54.8%, BTC at 11.9%, and ETH at 16.6%. The persistently high loss levels in altcoins reflect significant concentration of holdings at market tops, where supply is largely held by buyers who entered near cycle peaks. (Source: Foresight News)
Glassnode: SOL and ETH relative unrealized losses at 54.8% and 16.6%
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Summary
On April 14 (UTC+8), Glassnode reported that SOL’s relative unrealized loss stands at 54.8%, while ETH faces a 16.6% unrealized loss. This metric measures total unrealized losses as a percentage of market cap, indicating the aggregate loss experienced by holders. Elevated unrealized losses in altcoins suggest top-of-cycle buying, with a larger portion of supply held by investors who purchased near price peaks. The Fear & Greed Index remains in bearish territory as ETH struggles to break key resistance levels.
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