Home
News
Details

Solana Enters Bear Territory as Realized Loss Outweighs Profit

iconNewsBTC
Share
Share IconShare IconShare IconShare IconShare IconShare IconCopy
This is the logo of the coin.
SOL
$126.19-0.56%
Solana’s on-chain data reveals a bearish shift as the Realized Profit/Loss Ratio falls below 1, signaling that losses now exceed profits. The metric has declined since October, following a September spike. Thin liquidity and weak transaction gains mirror 2022’s bear market conditions. On-chain data from Glassnode shows the network is losing momentum, with realized losses dominating the flow.
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information. Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.