PANews reported on November 21 that Glassnode stated that Bitcoin's realized losses have surged to the highest level since the FTX crash, with short-term holders being the main driving force behind this capitulation sell-off. The scale and speed of liquidation during the decline reflect a significant decrease in marginal demand, with recent new buyers closing out their positions.PANews reported on November 21 that Glassnode stated that Bitcoin's realized losses have surged to the highest level since the FTX crash, with short-term holders being the main driving force behind this capitulation sell-off. The scale and speed of liquidation during the decline reflect a significant decrease in marginal demand, with recent new buyers closing out their positions.
Analysis: BTC losses have surged to their highest level since the FTX crash.
PANews reported on November 21 that Glassnode stated that Bitcoin's realized losses have surged to the highest level since the FTX crash, with short-term holders being the main driving force behind this capitulation sell-off. The scale and speed of liquidation during the decline reflect a significant decrease in marginal demand, with recent new buyers closing out their positions.
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Bitcoin Price(BTC)
$95,423.9
$95,423.9$95,423.9
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