Bitcoin (BTC) is setting unenviable records this week as hodlers big and small battle some major pain.
Data from on-chain analytics firm Glassnode shows over one-third of the BTC supply being held at a loss by long-term hodlers (LTHs) — a new all-time high.
Long-term holders shoulder record unrealized losses
Profitability has taken a serious hit in recent days, and on-chain data confirms that even the most seasoned investors are suffering.
As BTC/USD crashed to two-year lows of $15,600,…
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