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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)$68,364.00-0.68%
  • ethereumEthereum(ETH)$1,986.980.78%
  • tetherTether(USDT)$1.00-0.01%
  • rippleXRP(XRP)$1.490.85%
  • binancecoinBNB(BNB)$625.651.44%
  • usd-coinUSDC(USDC)$1.000.00%
  • solanaSolana(SOL)$86.360.79%
  • tronTRON(TRX)$0.2841991.50%
  • dogecoinDogecoin(DOGE)$0.100235-2.68%
  • Figure HelocFigure Heloc(FIGR_HELOC)$1.020.00%
© 2026 DIGIT INFO • Built with GeneratePress
  • bitcoinBitcoin(BTC)$68,364.00-0.68%
  • ethereumEthereum(ETH)$1,986.980.78%
  • tetherTether(USDT)$1.00-0.01%
  • rippleXRP(XRP)$1.490.85%
  • binancecoinBNB(BNB)$625.651.44%
  • usd-coinUSDC(USDC)$1.000.00%
  • solanaSolana(SOL)$86.360.79%
  • tronTRON(TRX)$0.2841991.50%
  • dogecoinDogecoin(DOGE)$0.100235-2.68%
  • Figure HelocFigure Heloc(FIGR_HELOC)$1.020.00%