Bitcoin’s unrealized losses drop to three-month low as price nears $100,000
By: cryptosheadlines|2025/05/08 23:30:02
0
Share
Airdrop Is Live CaryptosHeadlines Media Has Launched Its Native Token CHT. Airdrop Is Live For Everyone, Claim Instant 5000 CHT Tokens Worth Of $50 USDT. Join the Airdrop at the official website, CryptosHeadlinesToken.com Bitcoin’s net unrealized loss (NUL) dropped to 0.0034 on May 7, its lowest reading since Feb. 20, as BTC’s intraday high climbed to $97,731.Such low levels of unrealized loss suggest that almost all BTC held across the network is either in profit or breakeven, with only a small fraction of the supply underwater.Graph showing Bitcoin’s net unrealized loss (NUL) from Jan. 1 to May 7, 2025 (Source: CryptoQuant)So far in 2025, NUL has remained above the current 0.0034 level for 102 of the year’s 127 days. This means that for more than 80% of the year, the average Bitcoin holder was sitting on deeper paper losses than they are now.This compression in unrealized losses has taken place gradually as Bitcoin climbed from $94,360 on Jan. 1 to a YTD high of $106,160 on Jan. 21 and then dropped to a YTD low of $76,270 on Apr. 8.On Feb. 20, the last time NUL was lower, Bitcoin’s daily high stood at $98,770, meaning that the latest price action is unfolding in an environment that closely resembles the tail end of the February rally.Chart showing Bitcoin’s price and trading volume from Jan. 1 to May 8, 2025 (Source: CryptoQuant)The return to such low unrealized loss levels is structurally meaningful. During periods when NUL is elevated, drawdowns often follow as investors seek to exit breakeven or cut losses.With NUL low, those mechanisms are no longer in play. Instead, selling pressure must come from profit-taking or external catalysts, rather than mechanical stop-outs or capitulation. This shifts the short-term risk-reward equation in Bitcoin’s favor, especially as it approaches $100,000.But it also suggests that sharp rallies may require new inflows or shifts in sentiment, given the absence of a relief-driven bid from underwater holders.Latest Alpha Market ReportSource link
You may also like

AI Seating Chart Released | Rewire News Morning Brief
Musk and Ultraman are not above

Is the era of Embodied AI's "GPT Moment" Approaching? Axis Robotics Announces End of Testing, Set to Launch on Base Chain
Axis's answer is yes - provided that a thorough reshaping of the scale-up production of robotic data is required, and a redefinition of the deployment paradigm in the physical world.

Meta Layoff Explained: On the same day as laying off 700 people, they handed out $90 billion in retention bonuses to executives
The money saved from laying off 700 people is approximately equivalent to Meta's 1.5 days of AI infrastructure spending

Binance Cracks Down on Market Makers, a Long-overdue Trial
True accountability requires regulatory involvement, enforcement agencies, rather than allowing the exchange to act as its own judge.

Wall Street Collective Bearish on 2026, Will the Oil Crisis Trigger a Recession?
「There is no middle ground; the result will definitely be one of two extremes.」

Hollywood's AI Necromancy: Death Is No Longer the End of Labor
Post-Mortem Economics

a16z: DeFi Struggling to Support a True Financial Market
More important than throughput is the determinism and fairness of transaction execution.

Morning News | Bitmine launches institutional Ethereum staking platform MAVAN; Franklin Templeton launches tokenized ETF; Morgan Stanley to issue and sponsor Bitcoin ETF
Overview of Important Market Events on March 25

Kalshi early employees: Whoever controls the traffic controls the market
Robinhood can decide where tens of millions of contracts go with the flip of a switch, while the exchanges do all the hard work but cannot control their own fate.

Tether signs contracts with four major audits, Circle's compliance moat collapses, stock price plummets by 20%
USDT, with a market value of 184 billion dollars, is undergoing its first comprehensive inspection in history.

Proudly Introducing Aethir Claw: Your AI Agent, Our Infrastructure
Explore Aethir Claw, an easy-to-deploy AI agent solution that offers fully isolated VPS, encrypted payments, and highly competitive pricing.

Why Buying Gold Can Lead to Bankruptcy
"There is no issue with 'buying gold,' the issue is 'buying whose gold.'"

If the US Treasury yield rises above 5%, will Bitcoin drop below $50,000?
During the US-Iran war, as the bond market exhibited a **"meltdown"** scenario, Bitcoin's upward momentum is showing signs of exhaustion.

Circle Plunges 20%: Crypto Earthquake Triggered by Draft Proposal
Compliance gave Circle both a suit of armor and a ball and chain.

After the Smoke Clears: 5 Possible Endings to the Middle East Conflict
The Crown Prince in Exile for Half a Century, Set to Return to Tehran?

Stablecoin Yields Discontinued, Circle Plunges 20% in One Day
Tightening Regulations and Increased Competition Lead Market to Reassess Stablecoin Business Models

AI Wired into War Machine | Rewire News Nightly
Anduril and Palantir are collaborating on the development of the core software for the Golden Dome anti-missile system, with a project budget of $18.5 billion.

Web3 is sick, but the cure is not AI
Encryption may have wasted too many years, and the current AI anxiety is merely a stress response of an industry that has overdrawn its narrative after facing external shocks.
AI Seating Chart Released | Rewire News Morning Brief
Musk and Ultraman are not above
Is the era of Embodied AI's "GPT Moment" Approaching? Axis Robotics Announces End of Testing, Set to Launch on Base Chain
Axis's answer is yes - provided that a thorough reshaping of the scale-up production of robotic data is required, and a redefinition of the deployment paradigm in the physical world.
Meta Layoff Explained: On the same day as laying off 700 people, they handed out $90 billion in retention bonuses to executives
The money saved from laying off 700 people is approximately equivalent to Meta's 1.5 days of AI infrastructure spending
Binance Cracks Down on Market Makers, a Long-overdue Trial
True accountability requires regulatory involvement, enforcement agencies, rather than allowing the exchange to act as its own judge.
Wall Street Collective Bearish on 2026, Will the Oil Crisis Trigger a Recession?
「There is no middle ground; the result will definitely be one of two extremes.」
Hollywood's AI Necromancy: Death Is No Longer the End of Labor
Post-Mortem Economics
