Dogecoin's $132M in daily losses is 26x higher than its profits, signaling steep retail selling and market stress.
Bitcoin’s $1.3B realized profit dwarfs its $33M loss, showing solid profit-taking without triggering broad sell pressure.
XRP leads with strong conviction-posting $425M in profit and just $3M in losses, backed by a bullish 1.19 SOPR reading.
Dogecoin has posted $132.2 million in realized losses over the past 24 hours-far outpacing its $5 million in realized profit. The disparity marks the steepest 24-hour loss among all top 10 digital assets, according to live P&L data.
DOGE Bears Take Control as Losses Outweigh Profits
Dogecoin’s realized loss figure stands at more than 26 times its realized gains within the same 24-hour span. In a post by Glassnode, the report confirms DOGE as the only top asset with losses significantly higher than profits during the session.
https://twitter.com/glassnode/status/1939624950991642655
The coin’s SOPR reading of 0.92 reinforces that most sellers exited at a loss. This indicator aligns with ongoing short-term capitulation, suggesting traders offloaded positions well below their cost basis.
Other assets reflected a far different dynamic. Bitcoin recorded just $33 million in losses against $1.3 billion in profits. That 2.5% loss-to-profit ratio signals heavy profit-taking but not broad liquidation or panic selling.
Market Sentiment Shows Sharp Divergence Among Top Assets
Ethereum showed more caution, with $35.2 million in profits and $18.4 million in losses. According to Glassnode, ETH’s 52% realized loss-to-profit ratio positions it in a mixed “Optimism/Anxiety” zone with active turnover.
XRP performed strongly with $425.1 million in realized gains versus just $3 million in losses. The asset’s SOPR of 1.19 indicates consistent profitable exits, reflecting bullish conviction and minimal short-term selling pressure.
TRON, however, logged $87.3 million in realized losses versus $11.5 million in profits. Despite the negative net figure, its SOPR sits at 1.03, implying most sales still occurred above cost. This reflects some resilience, even with uneven distribution.
SOPR and Cost Basis Reveal Underlying Momentum
Solana’s P&L breakdown reveals $78.4 million in realized profit against $14.8 million in loss. With a SOPR reading of 1, it reflects neutral market behavior-selling near break-even levels and short-term trader hesitation.
BNB reported $6.9 million in realized profits, with only $134,100 in losses, suggesting a steady structure under a “Hope/Fear” sentiment tag. Lido Staked ETH showed $2.4 million in profits and $1.1 million in realized losses while holding under “Capitulation.”
Dogecoin’s SOPR and loss imbalance stand out as clear signals of retail exhaustion. While Bitcoin and XRP continue to print profits, DOGE’s downturn could pressure holders unless sentiment turns fast. Current prices show Bitcoin at $107,566.48, Ethereum at $2,461.80, and Dogecoin at $0.165219.
The post Dogecoin Losses Hit $132M in 24H as Bitcoin and XRP Lead Realized Profits appears on Coin Futura. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.
