BNB Chain’s real-world assets surged 555% in Q4 2024 as institutions tokenized 
funds and stocks, even as BNB’s market cap and DeFi TVL faced volatility. 
Real-world assets on BNB Chain (BNB) expanded 555% year over year in the 
fourth quarter…

BNB Chain real-world assets soar 555% on institutional demand

Cathie Wood’s ARK Invest bought nearly $50 million of Robinhood, Bullish and 
Circle shares as Bitcoin dipped and US spot BTC ETFs saw $276 million in 
outflows.

ARK Invest adds $34M Robinhood stake as Bitcoin falls below $66K

Danske Bank enables customers in the EU to invest in bitcoin and ethereum via 
exchange‑traded products on its trading platform. Danske Bank announces that 
customers using Danske eBanking and Danske Mobile Banking can now buy selected 
exchange‑traded products (ETPs) tracking bitcoin and ethereum, offered by 
recognized providers and covered by Markets in Crypto‑Assets (MiCA) and […]

Danske Bank Adds Bitcoin and Ethereum ETPs to Trading Platform

Bitcoin prices traded cautiously after US-listed spot Bitcoin ETFs snapped a 
three-day inflow streak, adding pressure to an already fragile market 
structure. Bitcoin price struggles as ETF momentum stalls Bitcoin (BTC) was 
trading around $67,000 at press time, struggling to…

Bitcoin price prediction as BTC ETFs break three-day inflow streak

Bitcoin is printing on-chain loss-taking on a scale last seen during the 
Luna/UST meltdown, but at a radically different price point, a distinction 
that changes what the signal likely means for this drawdown. Axel Adler Jr. 
said Bitcoin’s Net Realized Profit/Loss has sunk deep into negative territory, 
with the 7-day moving average falling to -$1.99 billion on Feb. 7 before 
improving slightly to -$1.73 billion by Feb. 10. That places the current 
regime among the most severe loss-dominant stretches on record. Adler 
described it as “the second deepest negative reading in the entire history of 
observations,” exceeded only by June 18, 2022, when the metric hit -$2.24 
billion amid the Luna/UST crash and cascading liquidations. The key detail, 
Adler argues, is persistence. Net Realized Profit/Loss has stayed below 
roughly -$1.7 billion for five consecutive days, forming what he framed as a 
sustained cluster of seller pressure, the kind of multi-day compression that 
typically marks capitulation behavior rather than a single shock print. In 
Adler’s framing, the mechanic is straightforward: realized losses are 
dominating realized profits on moved coins, and the market is working through 
the supply owned by participants forced or willing to sell below their cost 
basis. Related Reading: These Three Catalysts Could Spark Bitcoin’s Next 
Rally, According To Wintermute “The depth and duration of the current negative 
regime point to massive capitulation of participants who bought coins at 
higher levels,” he wrote. “The key reversal trigger is the return of Net 
Realized Profit/Loss above zero, which would signal the market&#8217;s transition 
from loss dominance to profit dominance. As long as the metric remains in 
deeply negative territory, seller pressure persists.” Bitcoin Losses Match 
Luna Crash Scale The companion chart, Bitcoin Realized Loss (7DMA), shows 
realized losses rising to about $2.3 billion on Feb. 7 and holding near that 
level through Feb. 10, another rarity in historical context. Adler called it 
“one of the highest smoothed levels in the entire history of observations,” 
explicitly comparing it to June 2022. He also emphasized that the 7-day 
smoothing understates peak stress in real time. At the height of the 2022 
episode, Adler noted, single-day losses were roughly three times higher than 
the weekly-smoothed figure. In the current window, he pointed to a single-day 
realized loss of $6.05 billion on Feb. 5, the second-largest one-day loss in 
Bitcoin’s history, according to his note. The headline comparison, however, is 
not just magnitude but setting. In 2022, a similar realized-loss regime 
occurred with bitcoin trading around $19,000. This time, Adler says, the 
losses are being crystallized around $67,000 after a pullback from $125,000, a 
context he frames as a correction that is flushing out late entries rather 
than an ecosystem-wide failure cascade. Related Reading: Bitcoin Chart Screams 
2022 Bear Market, Until You Notice What’s Missing “Back then, Realized Loss at 
$2.7B was occurring at a price of $19K,” Adler wrote. “Now, comparable loss 
volumes are being locked in at a price of $67K, which suggests not a systemic 
crash but rather a flushing out of late bull-cycle entries. This is 
capitulation of local top buyers, not a fundamental loss of network value.” 
Adler’s playbook puts two markers front and center. The first is a sustained 
move of Net Realized Profit/Loss (7DMA) back above zero for multiple weeks, 
which he frames as the transition from loss dominance to profit dominance. The 
second is a decline of Realized Loss (7DMA) below $1 billion, which would 
indicate that the wave of forced or pain-driven selling is fading. The risk, 
in his view, is that the market’s “cleansing stress” shifts into something 
more final if price weakness compounds. Adler flagged the sub-$60,000 area as 
a line where continued growth in realized losses alongside further price 
decline could turn a correction into “full-blown capitulation”, not because 
the current prints are small, but because the regime could extend and deepen. 
For now, Adler’s core claim is that Bitcoin is producing Luna-sized loss 
signals without Luna-like structural damage. Same order of magnitude on-chain, 
different story in the tape. At press time, BTC traded at $67,924. Featured 
image created with DALL.E, chart from TradingView.com

Cryptocurrency price in ZAR