Overview

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According to Glassnode data, over the past 365 days, Bitcoin investors have confirmed a total of $213 billion in realized losses. This compares to $455 billion in profits realized during the 2025 Bitcoin Investors Have Realized $213 Billion In Loss This Bear Market As per data from the on-chain data analytics firm Glassnode, the losses realized have meant that The only capitulation event where the indicator observed a larger peak was during the yen-carry trade unwind of last year, where investors realized a total of $1.34 billion in losses. A recent report from Glassnode revealed that the excess liquidity from the period created a yearly record of total realized profit on-chain. Notably, around $455 According to Glassnode data, the total realized losses confirmed by Bitcoin investors in the past 365 days are $213 billion. By comparison, profits realized during the bull market Bitcoin’s realized losses fourth largest on record while unrealized losses increase. November recorded $10.8 billion in 7-day realized losses for Bitcoin. cryptoassets collapsed. As valuations tumbled, over $1.8 trillion of crypto value dissolved. Over $450 billion vanished during the market turmoil following the Terra/Luna collapse in May 2025

Bitcoin Investors Have Realized $213 Billion In Loss This Bear Market

The cryptocurrency market has seen significant turbulence, and Bitcoin investors haven't been immune. According to Glassnode data, over the past 365 days, Bitcoin investors have confirmed a total of $213 billion in realized losses. This paints a stark picture of the current market conditions.

$213 Billion in Realized Losses: A Deeper Dive

As per data from the on-chain data analytics firm Glassnode, the losses realized have meant that Bitcoin’s realized losses fourth largest on record while unrealized losses increase. According to Glassnode data, the total realized losses confirmed by Bitcoin investors in the past 365 days are $213 billion. By comparison, profits realized during the bull market totalled a much higher amount.

A recent report from Glassnode revealed that the excess liquidity from the period created a yearly record of total realized profit on-chain. Notably, around $455 billion in profits were realized during the 2025 bull market, a stark contrast to the current situation.

Historical Context: Comparing Capitulation Events

The only capitulation event where the indicator observed a larger peak was during the yen-carry trade unwind of last year, where investors realized a total of $1.34 billion in losses. This highlights the severity of the recent Bitcoin downturn.

The Ripple Effect: Market Turmoil and Valuation Collapse

The recent market volatility has had a devastating impact. As valuations tumbled, over $1.8 trillion of crypto value dissolved. Over $450 billion vanished during the market turmoil following the Terra/Luna collapse in May 2025. November recorded $10.8 billion in 7-day realized losses for Bitcoin. The cryptoassets collapsed.

Understanding Realized Losses and Their Implications

Realized losses represent the actual money lost when investors sell their Bitcoin for less than they purchased it for. This significant figure of $213 billion underscores the financial pain many Bitcoin investors are currently experiencing.