The fall of Bitcoin below sixty thousand dollars has resulted in a realized loss of 537 million dollars, mainly from short-term holders
According to CryptoSlate, over the weekend, Bitcoin plummeted below $60,000, resulting in over $537 million in realized losses, mainly from short-term holders (STH).
This sell-off highlighted the volatility and reactive behavior of these market participants, with $441 million of the losses coming from users who held Bitcoin for a month or less. As market volatility increased, key on-chain indicators showed a sharp decline in the proportion of profitable STH supply.
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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