STHs faced substantial losses as Bitcoin briefly fell below $60k

Andjela Radmilac

Bitcoin’s volatility over the weekend translated to a sharp drop to below $60,000 on June 24, leading to over $537 million in realized losses for the market. As with most spikes in realized losses, this sell-off was predominantly driven by short-term holders, who accounted for almost the entire amount of realized losses. This pattern further […]

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STHs faced substantial losses as Bitcoin briefly fell below $60k