[Analysis: Unrealized losses across the entire crypto ecosystem continue to rise, market may enter a high-volatility state in the coming weeks] Glassnode posted an analysis on Platform X, stating that recently, unrealized losses across the entire cryptocurrency ecosystem have risen to approximately $350 billion, with Bitcoin alone accounting for about $85 billion in unrealized losses. As multiple on-chain indicators show that overall liquidity is contracting, the market is likely to enter a high-volatility state in the coming weeks.