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Bitcoin speculators realize $850M losses in sub-$50K BTC price dump

August 6, 2024 by DIGIT
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Bitcoin short-term holders sell BTC at a loss to an extent rarely seen in history — but “diamond hands” contribute just $600,000.

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Categories Bitcoin, BTC Price
$510B crypto sell-off wipes 2024 gains for top 50 coins
Financial Analyst States Bitcoin Is ‘Not a Hedge Against Anything’


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  • bitcoinBitcoin(BTC)$89,424.00-2.93%
  • ethereumEthereum(ETH)$3,032.85-2.91%
  • tetherTether(USDT)$1.000.01%
  • rippleXRP(XRP)$2.03-3.19%
  • binancecoinBNB(BNB)$881.14-1.96%
  • usd-coinUSDC(USDC)$1.00-0.01%
  • solanaSolana(SOL)$132.46-5.18%
  • tronTRON(TRX)$0.2862710.66%
  • staked-etherLido Staked Ether(STETH)$3,034.55-2.86%
  • dogecoinDogecoin(DOGE)$0.138416-6.36%
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  • bitcoinBitcoin(BTC)$89,424.00-2.93%
  • ethereumEthereum(ETH)$3,032.85-2.91%
  • tetherTether(USDT)$1.000.01%
  • rippleXRP(XRP)$2.03-3.19%
  • binancecoinBNB(BNB)$881.14-1.96%
  • usd-coinUSDC(USDC)$1.00-0.01%
  • solanaSolana(SOL)$132.46-5.18%
  • tronTRON(TRX)$0.2862710.66%
  • staked-etherLido Staked Ether(STETH)$3,034.55-2.86%
  • dogecoinDogecoin(DOGE)$0.138416-6.36%