Bitcoin (BTC) is beating records this Christmas as sub-$17,000 price action sparks unrivaled pain for hodlers.
Data from on-chain analytics firm Glassnode shows that both short-term and long-term investors are sitting on more losses than ever before.
New or old, Bitcoin hodlers nurse serious losses
Since the FTX meltdown sent crypto markets tumbling, BTC/USD has failed to recover.
Its descent to levels last seen two years ago has created problems for hodlers who bought in more recently —…
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