Bitmine acquires 126971 ETH for $214.42M while holding 5.54M ETH worth $9.36B with $9.68B in losses and 4.72M ETH staked.

Bitcoin holdings show Michael Saylor Strategy at $12.456B loss and Tom Lee Bitmine at $10.362B loss with BTC at $60063.74 on bearish 4h chart.

Bitcoin sees over half of supply at unrealized loss, a signal aligning with every major bear market bottom, while BTC trades at $61340.02 on the 4h chart.

MicroStrategy unrealized BTC loss reaches -$12.7 billion record, down $28 billion in 12 months as BTC trades at $60953.21.

MicroStrategy records $10.8B unrealized Bitcoin loss with BTC at $63361.08 while S&P 500 gains 116% over six years.

Strategy posts $7.5 billion unrealized loss on 843706 BTC at $67421.99 as price breaks below 67K with average cost at $75699.

Glassnode data shows Bitcoin LTH relative unrealized loss at 15.5% near $69.5k, well below historical cycle lows of 50 cents on the dollar.

Glassnode reports LTH relative unrealized loss hit 15% in April, far below 75% in past bears, signaling untested conviction amid BTC drawdown at $82.1k with 6.9% market cap loss.

According to Glassnode, approximately 36.8 billion XRP tokens are currently in a loss, with an unrealized loss denominated at $50.8 billion. The on-chain SOPR (7-day EMA) metric has dropped to 0.96, indicating significant realized losses among holders. This negative profitability mirrors the September 2021 to May 2022 phase, characterized by prolonged consolidation and a SOPR below 1. XRP's aggregate holder cost basis has been breached, potentially triggering panic selling.

According to @glassnode, the unrealized loss in the Bitcoin (BTC) market at $70K equates to approximately 16% of the market cap, reflecting a pain structure similar to early May 2022. The analysis highlights that while bearish sentiment persists, unrealized losses at $107K represent only 1.3% of Bitcoin's market cap, far below the thresholds typically seen in mild or severe bear markets. This suggests the market pain has not yet reached levels characteristic of a true bear phase.

According to @glassnode, the Bitcoin market is experiencing a bear regime characterized by a high Relative Unrealized Loss, which measures the USD value of underwater coins relative to market cap. At $60k, this metric reached approximately 24%, surpassing the bull-bear market transition threshold and indicating a potential capitulation process. However, the market remains below extreme capitulation levels observed above 50%, suggesting further downside risk remains.

According to @BullTheoryio, MicroStrategy (MSTR) fell 12% in the session, wiping out about $5 billion in market value (source: @BullTheoryio). The stock is now 79% below its all-time high, and the company’s Bitcoin (BTC) holdings are carrying roughly $6.2 billion in unrealized losses (source: @BullTheoryio). Based on the source’s figures, the drawdown highlights MSTR’s sensitivity to BTC balance-sheet exposure, a dynamic traders use when positioning or hedging BTC-proxy equity risk (source: @BullTheoryio).

According to @BullTheoryio, MicroStrategy’s MSTR fell about 9 percent over the last eight hours, wiping out roughly 3.7 billion in market value; the stock is now 77 percent below its all time high and its Bitcoin holdings are sitting on an unrealized loss of about 1.77 billion, the source reports.

According to @lookonchain, as Bitcoin fell below $75,000, Michael Saylor's Strategy saw its 712,647 BTC position move to an unrealized loss of over $900 million. Strategy disclosed it purchased another 2,932 BTC at $90,061 and now holds 712,647 BTC with an average cost of $76,037 (source: Strategy press release linked by @lookonchain). For trading context, the reported $76,037 average cost is a key reference level; BTC below that threshold implies Strategy’s holdings are in paper loss, while reclaiming it would restore unrealized gains (sources: @lookonchain, Strategy press release).

According to Onchain Lens, whale "pension-usdt.eth" is holding a BTC long with 3x leverage sized at 1,000 BTC with a notional value of about $95M. Source: https://x.com/OnchainLens/status/2011993198957379954; https://hyperbot.network/trader/0x0ddf9bae2af4b874b96d287a5ad42eb47138a902 As prices fell, the position now shows an unrealized loss exceeding $3M. Source: https://twitter.com/OnchainLens/status/2013133367873823017; https://app.coinmarketman.com/hypertracker/wallet/0x0ddf9bae2af4b874b96d287a5ad42eb47138a902 Before opening the BTC long, the address closed an ETH long with a realized profit of $739,432. Source: https://x.com/OnchainLens/status/2011993198957379954; https://hyperbot.network/trader/0x0ddf9bae2af4b874b96d287a5ad42eb47138a902

According to Onchain Lens, a whale was fully liquidated on a DOGE long position for a realized loss of approximately 2.20 million dollars, based on the alert posted on X on Jan 19, 2026, citing wallet tracking data. The linked CoinMarketMan Hypertracker page for wallet 0x10ea105d5149383b73ebd8a214819f3b08c198b7 shows the same wallet still holds a 15x ETH long with an unrealized loss near 475,000 dollars at the time referenced, source: app.coinmarketman.com/hypertracker/wallet/0x10ea105d5149383b73ebd8a214819f3b08c198b7. These figures, as reported by Onchain Lens and verified on CoinMarketMan Hypertracker, indicate concentrated leveraged exposure in DOGE and ETH for this wallet.

According to Onchain Lens, LIT fell below $2 and a whale running a 3x LIT long is showing an unrealized loss of over $2.84M. Source: https://twitter.com/OnchainLens/status/2011654321788903585 https://hyperbot.network/trader/0xf3947384f78db54a5e0202e2d5186b7f11581072 The identified position corresponds to trader address 0xf3947384f78db54a5e0202e2d5186b7f11581072, with position metrics viewable on HyperBot for verification. Source: https://twitter.com/OnchainLens/status/2011654321788903585 https://hyperbot.network/trader/0xf3947384f78db54a5e0202e2d5186b7f11581072

According to @OnchainLens, a whale spent 501 ETH (about $1.57M) to acquire 9,157 AAVE at $171.4, citing on-chain data from Nansen as the source. According to @OnchainLens, the wallet has bought and staked 78,074 AAVE at an average cost of $214.5 for a total of roughly $16.75M, earning 463.48 AAVE in staking rewards (around $79K), per Nansen data. According to @OnchainLens, the staked AAVE position currently reflects an unrealized loss of $3.33M, based on Nansen figures. According to @OnchainLens, the $3.33M loss on a $16.75M cost basis implies about a 19.9% drawdown from $214.5, and the 463.48 AAVE rewards equal approximately 0.59% of the 78,074 AAVE staked, per the Nansen-cited data. According to @OnchainLens, the tracked addresses linked to this activity are 0xddc4eab490469f073ab8cd5937b1a0f585687931 and 0xc1ae9aa84fdaa2511139a6bc65fdd2c6dc5ccbd3, per Nansen.

According to @bubblemaps, 80% of RNGR presale buyers are at a loss, including 2 wallets down over $100k, 70 wallets down $10k to $100k, and 7,500 wallets down $1k to $10k; source: Bubblemaps on X, Jan 12, 2026, https://twitter.com/bubblemaps/status/2010783571309707527. Based on these reported ranges, the minimum aggregate unrealized loss across the listed cohorts is at least $8.4 million and spans at least 7,572 wallets; source: Bubblemaps on X, Jan 12, 2026, https://twitter.com/bubblemaps/status/2010783571309707527. The breakdown is specific to RNGR presale participants and highlights the distribution of underwater supply relevant to trading decisions; source: Bubblemaps on X, Jan 12, 2026, https://twitter.com/bubblemaps/status/2010783571309707527.

According to @OnchainLens, as $LIT trades around $2.5, a whale holding a 1x long position is sitting on an unrealized loss exceeding $1.8M (source: Onchain Lens on X, Jan 12, 2026). The linked CoinMarketMan Hypertracker page for wallet 0xf3947384f78db54a5e0202e2d5186b7f11581072 displays the wallet and position details, indicating a negative PnL status for the $LIT long at the time of the alert (source: CoinMarketMan Hypertracker via Onchain Lens).