Woofun AI data shows that the proportion of unrealized profits in Bitcoin has declined to 65.8%, a figure significantly lower than the historical average of 81%.

Meanwhile, the share of unrealized losses stands at approximately 34.2%.

Analyst Darkfost noted that while profitable positions currently support the market, the shrinking profit ratio mirrors patterns seen in previous bear markets where losses eventually surpassed gains. It remains unclear if the current cycle will deviate from this trend, as the metric serves as a key indicator for assessing sentiment and potential selling pressure.