Posts

Showing posts with the label losses

All Bitcoin holders now in profit, 0% in losses, on-chain data shows

Image
In a historic milestone for the cryptocurrency market, all Bitcoin (BTC) holders have achieved profitability (or at least broken even), with no investors currently experiencing losses as the digital asset maintains its remarkable 2025 rally. Specifically, the latest on-chain data from crypto on-chain analytics platform IntoTheBlock reveals that 100% of Bitcoin holders are either in profit.  Bitcoin holders’ profit share data. Source: IntoTheBlock The data further reveals the composition of Bitcoin’s holder base, with 76% of wallets having maintained their positions for over a year, 20% of holders between one and twelve months, and just 4% representing recent market entrants. Bitcoin holders time share . Source: IntoTheBlock This, in turn, indicates that the majority of current holders entered their positions at lower price levels, particularly those who accumulated Bitcoin below the $50,000 level throughout 2023 and early 2024.  Bitcoin price analysis...

Ethereum suffered highest losses due to rug pulls and hacks, data shows

Image
As per SlowMist’s latest research report, Ethereum experienced the highest losses, amounting to $487 million, followed by Polygon. According to the SlowMist report, a total of 464 security incidents resulted in losses totaling almost $2.5 billion in 2023. The figure marks a 34.2% decrease in losses compared to 2022, which saw slightly over 300 incidents that totalled $3.8 billion. Analyzing the project types, decentralized finance (DeFi) emerged as the most frequently targeted sector, experiencing over 280 security incidents in 2023, losses that constituted 60.7% of the total incidents. Distribution and losses of security incidents in 2023 | Source: SlowMist You might also like: Major crypto hacks of 2023: how industry lost over $1b within minutes The financial toll from these incidents amounted to $773 million, representing a significant 62.7% decrease in losses year-over-year compared to 2022, which had 183 incidents with losses of around $2 billion, SlowMis...