⚠️ THE 2022 BEAR MARKET SIGNAL JUST FLASHED AGAIN! ⚠️

CryptoQuant's latest on-chain data is sounding the alarm: Bitcoin holders are realizing net losses for the first time since October 2023.

Keyhighlights:

1️⃣ Since late December 2025, investors have dumped ~69,000 BTC at a loss — totaling roughly $6.1B in realized red.

2️⃣ Realized profit momentum has been fading hard:

Peaked in Jan 2024

Lower highs in Dec 2024

Continued drop through 2025

→ Now flipped negative.

This pattern mirrors the 2021–2022 top: profits peaked early 2021 → lower highs → losses kicked in → full bear market followed.

3️⃣ Annual net realized profits have crashed to just 2.5M BTC — the lowest since March 2024, eerily close to March 2022 levels when the bear was already rolling.

Is this the start of a confirmed regime shift to bear territory? Or just a healthy correction after the 2025 run?

On-chain doesn't lie — watch this closely. What’s your move: accumulate dips or hedge?

#Bitcoin #BTC #CryptoQuant #BearMarket #OnChainAnalysis