Data: Glassnode Bitcoin's realized losses have surged to the highest level since the FTX collapse
ChainCatcher news, Glassnode stated on the X platform that realized losses for bitcoin have soared to the highest level since the FTX collapse, with short-term holders being the main drivers of this wave of selling.
The scale and speed of liquidations during the decline reflect a significant reduction in marginal demand, as recent new entrants are closing their positions and exiting the market.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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