• News
    • Bitcoin
    • Altcoins
    • Blockchain
    • DeFi
    • Regulation
    • Scams
  • NFT
  • Metaverse
  • Analysis
  • Learn
  • Videos
  • Blogs
  • Market Cap
  • Shop
What's Hot

XRP trading volume soars as new ATH attracts deepfake scam targeting investors

2025-07-18

We Are So BACK!!!

2025-07-18

Bitcoin Holders…Genius Bill Passed! | Altcoin Season Continues

2025-07-17

Subscribe to Updates

Get the latest creative news from FooBar about art, design and business.

Facebook Twitter Instagram
Crypto Investor News Network
  • News
    • Bitcoin
    • Altcoins
    • Blockchain
    • DeFi
    • Regulation
    • Scams
  • NFT

    All Eyes on Art: Upcoming Collections to Watch the Week of February 4

    2025-02-05

    Creator of rabbit AI assistant has hidden NFT past

    2024-05-02

    Ethereum tops daily NFT sales at US$7 mln, ends weakest month of 2024

    2024-05-02

    Top NFT Airdrops and Giveaways for May 2024

    2024-05-02

    Casio Launches NFT Collection Celebrating 50th Anniversary

    2024-05-01
  • Metaverse

    Shib: The Metaverse – Part of the Expanding Shiba Inu Ecosystem

    2025-01-03

    Experience to Earn: Everdome’s Metaverse Frontier

    2024-12-30

    Beyond Bots: Meta Motivo and the Dawn of Humanlike Digital Life

    2024-12-13

    Exploring NetVRk: What Is Behind This AI-Driven Virtual Universe?

    2024-10-28

    Council of Europe Highlights Metaverse’s Impact on Privacy and Democracy

    2024-09-05
  • Analysis

    Crypto Exchange Coinbase Lists New DeFi Altcoin Project Built on Base Blockchain

    2023-12-13

    Ethereum Price Bears Keep Pushing, Why Decline Isn’t Over Yet

    2023-12-13

    Trader Bullish on Cosmos (ATOM), Says One Dogecoin Rival Setting Up for Next Leg Up – Here’s His Outlook

    2023-12-13

    AVAX Price Pumps 50% and Dumps 15%, Why Uptrend Is Still Strong

    2023-12-13

    Top Trader Predicts Parabolic Rally for Solana Competitor – Here’s His Upside Target

    2023-12-13
  • Learn

    What Is Copy Trading in Crypto? A Beginner’s Guide

    2025-07-10

    A Step-by-Step Guide for Risk-Takers

    2025-07-09

    What is Spot Trading in Crypto? A Beginner’s Guide to How It Works

    2025-07-09

    How It Works and What to Watch Out For

    2025-07-09

    Crypto Risk Management Strategies for Trading (2025)

    2025-07-07
  • Videos

    We Are So BACK!!!

    2025-07-18

    Bitcoin Holders…Genius Bill Passed! | Altcoin Season Continues

    2025-07-17

    HYPE or HYPEr-Bubble? 🤯 Hyperliquid Analysis You NEED to See 📉📈

    2025-07-17

    BlackRock’s New Globalization Is A TRAP!! Watch Out For This!

    2025-07-17

    Bitcoin Momentum Builds | Big Gains for These Crypto Projects

    2025-07-17
  • Blogs
  • Market Cap
  • Shop
Facebook Twitter Instagram TikTok
Crypto Investor News Network
Home»Bitcoin»Bitcoin: Why traders should be cautious of the BTC price surge
Bitcoin

Bitcoin: Why traders should be cautious of the BTC price surge

2024-01-02No Comments3 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Share
Facebook Twitter LinkedIn Pinterest Email

  • Bitcoin’s price surpassed $45,000, raising concerns amid imbalanced profit and loss realization trends.
  • Traders profited while mining revenue declined.

Bitcoin [BTC] was on an upward trajectory recently as it surpassed the $45,000 barrier. While this may signal optimism for some, there are growing concerns among holders as various market dynamics unfold.

Profits and losses

In the realm of profit-taking, 2023 has seen Bitcoin realizing profits exceeding $90 billion, yet, somewhat alarmingly, realized losses have reached $53 billion.

This stark contrast to 2022, where Bitcoin recorded approximately $200 billion in realized losses, surpassing the realized profit of $106 billion, raises apprehensions about the overall health of BTC’s market.

Source: glassnode

The significant imbalance between profits and losses could potentially impact Bitcoin negatively, reflecting a scenario where more holders are experiencing losses compared to those enjoying profits. This trend might contribute to a cautious sentiment among investors.

Traders, on the other hand, are capitalizing on BTC’s recent surge. With Bitcoin breaking through the $45,000 mark, a prominent trader has made a noteworthy profit of over $1.47 million, as reported by lookonchain’s data.

This trader’s successful long position initiated on the 14th of May, involving nine strategic trades, boasts a 100% win rate, accumulating a total profit of approximately $3.6 million.

While this showcases profitable opportunities for some, it also highlights the potential for increased market volatility.

With the price of $BTC breaking through $45K, this smart trader currently has a profit of over $1.47M!

This trader started long $BTC on May 14 and traded 9 times.

The win rate is 100% and the total profit is ~$3.6M!https://t.co/MlPmFL54I8 pic.twitter.com/gR0kpNDbNy

— Lookonchain (@lookonchain) January 2, 2024

Miners see turbulence

Mining behavior plays a pivotal role in Bitcoin’s ecosystem.

See also  Is Bitcoin losing its momentum?

Daily miner revenue, however, has experienced a decline from $60 million to $47 million. This drop in mining revenue may inadvertently exert selling pressure on BTC as miners may find themselves compelled to sell their holdings to compensate for reduced profits.

The additional selling pressure could contribute to a further dip in Bitcoin’s price.

Speaking of BTC’s current price, it stands at $42,544.09, reflecting a modest decline of -1.13% in the last 24 hours. Concurrently, the trading volume also decreased.

Notable movements on Bitmex and Binance added another layer of nuance to the situation. Bitmex’s open interest grew, accompanied by a surge in Binance funding rates.


Read Bitcoin’s [BTC] Price Prediction 2023-24


In essence, Bitmex’s increased open interest signifies a rising number of outstanding derivative contracts, while heightened funding rates on Binance suggest an increased cost of holding long positions.

These trends might indicate heightened speculation and potential risk, warranting vigilance from market participants.

Source: Santiment

Bitcoin BTC cautious Price Surge traders
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Bitcoin Holders…Genius Bill Passed! | Altcoin Season Continues

2025-07-17

Bitcoin Momentum Builds | Big Gains for These Crypto Projects

2025-07-17

Bitcoin Knots Hits 15%

2025-07-16

Why Bitcoin’s Price Really Matters

2025-07-15
Add A Comment

Leave A Reply Cancel Reply

Top Posts
Videos

TOP 5 AVAX MEME COINS (100X POTENTIAL) THE NEXT MEME COINS TO PUMP..?

2024-04-03

In this video we go over the new $100M meme coin fund and how it…

Videos

NEWS ROUNDUP: Restrict Act NIGHTMARE!

2023-03-30

Things get draconian with the Restrict Act, American CBDCs get major pushback, ECB propaganda and…

Altcoins

Ethereum-Based Balancer Under Attack, Users Receive Warning

2023-09-20

Across their social media channels, Ethereum-based decentralized exchange (DEX) Balancer reported an attack against its…

Subscribe to Updates

Get the latest news and Update from CINN about Crypto, Metaverse and NFT.

Editors Picks

XRP trading volume soars as new ATH attracts deepfake scam targeting investors

2025-07-18

We Are So BACK!!!

2025-07-18

Bitcoin Holders…Genius Bill Passed! | Altcoin Season Continues

2025-07-17

HYPE or HYPEr-Bubble? 🤯 Hyperliquid Analysis You NEED to See 📉📈

2025-07-17
Crypto Investor News Network
Facebook Twitter Instagram TikTok
  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Disclouser
© 2025 - All rights are reserved.

Type above and press Enter to search. Press Esc to cancel.

bitcoin
Bitcoin (BTC) $ 118,610.78
ethereum
Ethereum (ETH) $ 3,772.30
xrp
XRP (XRP) $ 3.51
tether
Tether (USDT) $ 1.00
bnb
BNB (BNB) $ 763.28
solana
Solana (SOL) $ 186.61
usd-coin
USDC (USDC) $ 1.00
dogecoin
Dogecoin (DOGE) $ 0.271626
staked-ether
Lido Staked Ether (STETH) $ 3,762.28
cardano
Cardano (ADA) $ 0.86978
bitcoin
Bitcoin (BTC) $ 118,610.78
ethereum
Ethereum (ETH) $ 3,772.30
xrp
XRP (XRP) $ 3.51
tether
Tether (USDT) $ 1.00
bnb
BNB (BNB) $ 763.28
solana
Solana (SOL) $ 186.61
usd-coin
USDC (USDC) $ 1.00
dogecoin
Dogecoin (DOGE) $ 0.271626
staked-ether
Lido Staked Ether (STETH) $ 3,762.28
cardano
Cardano (ADA) $ 0.86978