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

What is Dollar-Cost Averaging (DCA) in Crypto? A Beginner’s Guide

2025-07-04

What Is Liquid Staking? How It Works & Why It Matters in Crypto

2025-07-04

How To Get Rekt Buying Bitcoin Treasury Companies

2025-07-03

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 Dollar-Cost Averaging (DCA) in Crypto? A Beginner’s Guide

    2025-07-04

    What Is Liquid Staking? How It Works & Why It Matters in Crypto

    2025-07-04

    What are Rollups in Crypto? ZK Rollups and Optimistic Rollups Explained

    2025-07-02

    A Full Comparison of Layer 2 Solutions

    2025-07-02

    What are Optimistic Rollups? How They Work and Why They Matter

    2025-07-01
  • Videos

    How To Get Rekt Buying Bitcoin Treasury Companies

    2025-07-03

    No More Bitcoin Left For YOU!!!

    2025-07-03

    🔥 Bitcoin Bereikt Nieuwe Hoogtepunten en wordt geoptimaliseert met deze Layer 2 Presale!!!

    2025-07-02

    Bitcoin To $1M? Here’s WHY!

    2025-07-02

    🚀 BTC BOOMING: BlackRock $4B 🏦 | Dollar Crash w OTC 📉 | ETFs EXPLODE 💥

    2025-07-02
  • 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  Feels Good To Be in Bitcoin Again | 2025 Lexus LC500

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

How To Get Rekt Buying Bitcoin Treasury Companies

2025-07-03

No More Bitcoin Left For YOU!!!

2025-07-03

🔥 Bitcoin Bereikt Nieuwe Hoogtepunten en wordt geoptimaliseert met deze Layer 2 Presale!!!

2025-07-02

Bitcoin To $1M? Here’s WHY!

2025-07-02
Add A Comment

Leave A Reply Cancel Reply

Top Posts
NFT

Bidding on Dookey Dash winning key rises to $1.6 million

2023-02-27

NFT Popular Twitch streamer Kyle Jackson — known as Mongraal — received a bid of…

Altcoins

Shiba Inu’s Bearish Pressures Overruled By Bullish Charge! Here’s The Next Upswing For SHIB Price

2023-08-09

Recently, Shiba Inu, often referred to as the “Dogecoin killer,” has become the center of…

NFT

Yuga Botched Another NFT Mint—Will the Bored Ape Maker Ditch Ethereum?

2024-02-09

Yuga Labs, the multi-billion dollar company in charge of dominant crypto brands like the Bored…

Subscribe to Updates

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

Editors Picks

What is Dollar-Cost Averaging (DCA) in Crypto? A Beginner’s Guide

2025-07-04

What Is Liquid Staking? How It Works & Why It Matters in Crypto

2025-07-04

How To Get Rekt Buying Bitcoin Treasury Companies

2025-07-03

No More Bitcoin Left For YOU!!!

2025-07-03
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) $ 108,186.99
ethereum
Ethereum (ETH) $ 2,518.26
tether
Tether (USDT) $ 1.00
xrp
XRP (XRP) $ 2.22
bnb
BNB (BNB) $ 656.05
solana
Solana (SOL) $ 147.24
usd-coin
USDC (USDC) $ 1.00
tron
TRON (TRX) $ 0.283539
dogecoin
Dogecoin (DOGE) $ 0.164268
staked-ether
Lido Staked Ether (STETH) $ 2,517.04
bitcoin
Bitcoin (BTC) $ 108,186.99
ethereum
Ethereum (ETH) $ 2,518.26
tether
Tether (USDT) $ 1.00
xrp
XRP (XRP) $ 2.22
bnb
BNB (BNB) $ 656.05
solana
Solana (SOL) $ 147.24
usd-coin
USDC (USDC) $ 1.00
tron
TRON (TRX) $ 0.283539
dogecoin
Dogecoin (DOGE) $ 0.164268
staked-ether
Lido Staked Ether (STETH) $ 2,517.04