{"id":93725,"date":"2026-05-20T05:46:32","date_gmt":"2026-05-20T05:46:32","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=93725"},"modified":"2026-05-20T05:46:32","modified_gmt":"2026-05-20T05:46:32","slug":"altcoin-holders-have-been-realizing-losses-since-2024-glassnode-says","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=93725","title":{"rendered":"Altcoin Holders Have Been Realizing Losses Since 2024, Glassnode Says"},"content":{"rendered":"
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On-chain analytics firm Glassnode has revealed how the typical altcoin investor has generally been realizing losses since late 2024.<\/p>\n

Median SOPR In The Altcoin Sector Has Been Stuck Below 1<\/h2>\n

In a new post<\/a> on X, Glassnode has talked about the latest trend in the median SOPR for the altcoin market. The \u201cSOPR<\/a>,\u201d which stands for Spent Output Profit Ratio, here refers to a popular on-chain indicator that tells us whether traders on a given network are transferring their coins at a net profit or loss.<\/p>\n

When the value of the metric is greater than 1, it means profit-taking is the dominant mode of transactions. On the other hand, the indicator being under this threshold suggests investors are, on average, realizing a net loss with their selling. Naturally, the SOPR being exactly equal to 1 suggests the profits being realized on the network are exactly canceling out the losses. In other words, the holders as a whole can be considered to be just breaking even on their moves.<\/p>\n

Now, here is the chart shared by Glassnode that shows the trend in the median SOPR for the top 500 assets in the cryptocurrency sector by market cap<\/a> over the last couple of years:<\/p>\n

\"Altcoin<\/p>\n

As displayed in the above graph, the median SOPR of the top 500 digital assets rose to a value of 1 during the recent recovery surge in the sector. This suggests that altcoin investors as a whole rushed to use this opportunity to exit at their break-even level. Since this selling, however, markets have reversed course. In terms of weekly returns, Bitcoin is down more than 4%, while Ethereum is in a loss of 7%. Major altcoins like XRP and Solana have also taken a notable hit inside this window.<\/p>\n

From the chart, it\u2019s visible that loss realization in the sector has returned alongside the pullback. With another failure to find a break into the profit zone, the median SOPR for the top 500 coins is now extending its already-long stay inside the underwater region. During 2025, there were a couple of very brief surges above the 1 level for the metric, but the last time a proper break occurred was all the way back in late 2024. Thus, it would appear that the average altcoin trader has been in loss-realization mode for 1.5 years.<\/p>\n

This loss-taking behavior among investors, interestingly, couldn\u2019t change when Bitcoin and other assets observed a bull run<\/a> last year. Considering this, it only remains to be seen what will need to happen to change the situation of the altcoin traders, if their situation will change at all.<\/p>\n

ETH Price<\/h2>\n

At the time of writing, Ethereum is trading around $2,100, down 0.2% over the last 24 hours.<\/p>\n

\"Ethereum<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

On-chain analytics firm Glassnode has revealed how the typical altcoin investor has generally been realizing losses since late 2024. Median SOPR In The Altcoin Sector Has Been Stuck Below 1 In a new post on X, Glassnode has talked about the latest trend in the median SOPR for the altcoin market. The \u201cSOPR,\u201d which stands […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-93725","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/93725","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=93725"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/93725\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=93725"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=93725"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=93725"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}