On-chain data points to easing selling pressure, with realized losses falling and spot markets shifting toward net buying. Realized losses on bitcoin have dropped to around $400 million per day from peaks of $2 billion, suggesting diminishing forced selling. The profit-to-loss ratio has risen to 1.4, indicating that realized profits now outweigh losses as market conditions improve Bitcoin may be entering a phase of seller exhaustion. After bottoming near $60,000 on Feb. 5, the asset has spent m…
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