Quick Take In the past four days, Glassnode data suggests that Bitcoin holders have seen greater realized loss-taking than realized profit. Realized losses did get smaller throughout the week of June 5, suggesting the Binance lawsuit was a bigger trigger for selling than the Coinbase lawsuit from the SEC. Considering the SEC sued the two biggest crypto exchanges, the data suggests the news isn’t affecting investors as much. Realized losses total $798 million, while realized profits amount to $611 million in the last four days. Realized profit and loss: (Source: Glassnode) Realized profit, loss: (Source: Glassnode)

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