Overview
- CryptoQuant data reported by multiple outlets shows Bitcoin’s Percent Unrealized Loss stood at 35.2% on Sunday, August 2, 2026.
- The metric climbed to about 42.2% in late June, fell to roughly 30.4% around July 21, and then moved back up to 35.2% by early August.
- Percent Unrealized Loss measures the share of tracked Bitcoin supply that is held below its acquisition price, so the current reading means roughly one-third of coins are underwater.
- On-chain analysts say the decline below the 40% deep-stress band eases immediate selling urgency but does not confirm a market reset and leaves downside risk in place.
- Markets will likely watch whether unrealized losses continue falling below 40% and whether other on-chain signs such as exchange outflows, realized losses, and ETF flows sustain the improvement.