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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)$68,412.000.06%
  • ethereumEthereum(ETH)$1,979.950.77%
  • tetherTether(USDT)$1.000.01%
  • rippleXRP(XRP)$1.480.88%
  • binancecoinBNB(BNB)$624.401.89%
  • usd-coinUSDC(USDC)$1.00-0.01%
  • solanaSolana(SOL)$86.651.96%
  • tronTRON(TRX)$0.2845591.79%
  • dogecoinDogecoin(DOGE)$0.100015-2.31%
  • Figure HelocFigure Heloc(FIGR_HELOC)$1.020.00%
© 2026 DIGIT INFO • Built with GeneratePress
  • bitcoinBitcoin(BTC)$68,412.000.06%
  • ethereumEthereum(ETH)$1,979.950.77%
  • tetherTether(USDT)$1.000.01%
  • rippleXRP(XRP)$1.480.88%
  • binancecoinBNB(BNB)$624.401.89%
  • usd-coinUSDC(USDC)$1.00-0.01%
  • solanaSolana(SOL)$86.651.96%
  • tronTRON(TRX)$0.2845591.79%
  • dogecoinDogecoin(DOGE)$0.100015-2.31%
  • Figure HelocFigure Heloc(FIGR_HELOC)$1.020.00%