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Glassnode: The relative unrealized losses for SOL and ETH are 54.8% and 16.6%, respectively.
ME News update: On April 14 (UTC+8), Glassnode tweeted that relative unrealized loss, measured as a percentage of market value, reflects overall total unrealized losses. This metric can show how deep holders’ overall “paper losses” are. As of now: SOL is 54.8%, BTC is 11.9%, and ETH is 16.6%. The loss levels of altcoins remain persistently high, reflecting that holdings near the top of these markets are particularly severe—In these markets, more supply is concentrated among buyers who entered close to the cycle highs. (Source: Foresight News)