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glassnode: The relative unrealized losses for SOL and ETH are 54.8% and 16.6%, respectively.
ME News Report, April 14 (UTC+8), Glassnode tweeted that relative unrealized loss (Relative Unrealized Loss), measured as a percentage of market value, reflects the overall unrealized loss situation. This indicator can reveal how deep the “paper loss” is for holders. As of now: SOL is at 54.8%, BTC at 11.9%, ETH at 16.6%. Altcoins are experiencing high levels of loss, indicating serious top-position holdings in these markets. In these markets, more supply is concentrated in the hands of buyers who entered near the cycle highs. (Source: Foresight News)