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Glassnode Data Reveals High Percentage of Assets Held at Loss
11/24/2025, 19:36
AI SUMMARY
●• 79.6% of Solana circulating supply is currently held at a loss
●• Over 35% of Bitcoin and 40% of Ethereum supply are also underwater
●• Data reflects deep market correction and prevailing negative sentiment
Recent on-chain data from Glassnode highlights significant unrealized losses across major assets, with approximately 79.6% of Solana's circulating supply currently held at a loss at the $126.9 price level. Bitcoin and Ethereum holders are also under water, with more than 35% of BTC and around 40% of ETH held at a loss.
This data underscores the severity of the recent market drawdown, aligning with reports of "Extreme Fear" sentiment currently prevailing in broader financial markets.