Bitcoin panic selling costs new investors $100M in 6 weeks — Research
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Bitcoin buyers feel the pain of BTC price fluctuations, with loss-making transactions seeing recent hodlers' realized cap dive by $100 million since February.
Bitcoin (BTC) speculators have secured losses of over $100 million in just six weeks thanks to panic selling, new research calculates.
Data from onchain analytics platform CryptoQuant reveals the true extent of recent capitulation by short-term holders (STHs).
Bitcoin entities hodling coins between one and three months bore the brunt of a brutal bull market drawdown — and many did not stay the course.
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