Solana Enters Bear Territory: Realized Loss Now Outweighs Profit
On-chain data shows the Solana Realized Profit/Loss Ratio has dipped into the loss-taking zone recently, a sign that SOL liquidity has thinned. Solana Liquidity Back At Levels Associated With Bear Markets According to data from on-chain analytics firm liquidity” of a cryptocurrency can be assessed, but here, Glassnode has used the Realized Profit/Loss Ratio. This…
Solana (SOL) Crashes 15% After Massive Profit-Taking Spike
On-chain data shows that investors on the Solana network participated in significant profit-taking ahead of the asset’s latest retrace. Solana Realized Profit Registered A Sharp Spike Yesterday According to data from the on-chain analytics firm Realized Profit” here refers to an indicator that, as its name suggests, keeps track of the total amount of profit…