Investors realized over $7 billion in losses during the weekend's crash, Glassnode said, but there could be good news right around the corner.
The Largest Investors’ Realized Loss in Bitcoin History Just Happened, But There’s Good NewsInvestors realized over $7 billion in losses during the weekend’s crash, Glassnode said, but there could be good news right around the corner.
The bloodbath that brought BTC down from $21,000 to below $18,000 during the weekend has resulted in the largest USD-denominated realized loss for bitcoin investors. Interestingly, long-term holders were among the most active sellers, some of which realized losses in excess of 70%.longest negative streak in terms of weekly candles
in the red a few weeks back, BTC’s ongoing bearish run has another adverse record – this time for investors realizing losses. According to data from Glassnode, BTC holders “locked” over $7.3 billion in losses from Friday to Sunday, which is now the “largest USD denominated realized loss in bitcoin history.” This came amid the asset’s plunge from $21,000 to anThe last three consecutive days have been the largest USD denominated Realized Loss in
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