Bitcoin Losses Hit Peak Since FTX Collapse, Glassnode Reports

The assessment is based on strong, consistent evidence from multiple highly relevant sources. Two news articles, one from KuCoin and another from Phemex, directly and explicitly corroborate the statement. Both sources have high relevance (1.00) and state that a report or data from Glassnode shows Bitcoin's realized losses have reached their highest point since the FTX collapse. The consistency between these two independent secondary sources significantly strengthens the claim's credibility. Further supporting evidence, though weaker in authority, comes from social media posts on X and Telegram. These sources note a 'sharp negative spike' in the 'Net Realized Profit/Loss' metric, which aligns with the core claim of significant losses, even if they don't mention Glassnode or the FTX timeframe specifically. The primary data source from Newhedge shows the 'Net Realized Profit Loss' metric, confirming its existence, but doesn't provide the historical context needed to verify the claim on its own. There is no contradictory evidence among the provided sources. Several sources were deemed irrelevant as they focused on different metrics (e.g., monthly returns, block rewards), different assets (Solana), or were too general. The convergence of direct reports and aligned observations, with no conflicting information, makes it highly probable that the statement is true.