Unrealized Crypto Losses Rise to $350 Billion: Glassnode - Unchained

UnchainedCrypto · 2025-12-12T12:29:03+00:00

Unrealized losses in the crypto market reach $350 billion, with bitcoin at $85 billion. This increase is due to tighter liquidity and lower trading volumes, leaving short-term holders most affected by recent volatility.

UnchainedCrypto

2025-12-12 12:29:03

Abstract generation in progress

Data from onchain analytics platform Glassnode shows unrealized losses in the crypto market sit at $350 billion, with bitcoin alone accounting for $85 billion.

The data comes amid tighter liquidity conditions across crypto exchanges, with lower stablecoin flows and reduced trading volumes that have amplified volatility risks.

This story is an excerpt from the Unchained Daily newsletter.

Subscribe here to get these updates in your email for free

The rise in unrealized losses reflects weeks of volatile price action after bitcoin lost support above the $110,000 mark, suggesting short-term bitcoin holders were the most negatively impacted.

“Structurally, these deep loss pockets usually show up closer to the late stages of a correction than the early ones,” wrote CryptoQuant analyst IT Tech on X, noting that BTC short-term holders are seeing some of the deepest losses of 2025.

BTC3,33%

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

1 Likes