Bitcoin's Daily Net Realized Losses Drop 95.7% from August Low to October 24

Bitcoin's daily net realized losses fell 95.7% to a maximum of $27 million on October 24, down from $630 million at the August bottom, according to Glassnode's weekly report released October 28. The net realized loss metric captures days when realized losses exceed realized gains, with losses recorded when coins are spent below their acquisition price — meaning the figure does not imply all holders sold or that exchange sell orders were executed. Glassnode noted in its August 26 report that Bitcoin had rebounded 26% from the then-bottom, suggesting capitulation pressure has eased substantially. The sharp contraction in loss-taking indicates weakening seller exhaustion and reduced downside selling pressure. Watch for whether net realized losses stay suppressed and whether spot demand can sustain the recovery from the August low.