Bitcoin Net Realized P/L Drops 97% to Near Zero; Jan 26, 2026 Data Shows

By January 26, 2026, Bitcoin's net realized profit/loss had fallen about 97% toward zero, a level last observed in June 2022. Whales remain above their realized prices with buffers near 25% to 80%, while selling pressure has eased and trading activity rose alongside volatility. BTC traded around $87,756, down 1.1% on the day and 5.7% week over week.