Quick Take On June 24, Bitcoin experienced a significant price drop, breaking below the $60,000 mark and hitting a low of approximately $58,500. This decline led to a substantial realized loss of over $500 million, with data from Glassnode pinpointing the loss at $537 million. Data from Glassnode shows that the sell-off was predominantly driven […]
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Short-term Bitcoin holders’ sell-off leads to third-largest loss in 2024, totaling $537 million