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3232Report Highlights Short-Term Bitcoin Holders Facing Heightened Unrealized Losses
https://www.digit.info/report-highlights-short-term-bitcoin-holders-facing-heightened-unrealized-losses/
Sat, 07 Sep 2024 13:30:14 +0000https://www.digit.info/report-highlights-short-term-bitcoin-holders-facing-heightened-unrealized-losses/Read more]]>A recent report from Glassnode, led by researchers Ukuriaoc and Cryptovizart, highlights growing stress among short-term bitcoin (BTC) holders. As market pressure mounts, these investors experience heightened unrealized losses, suggesting they may drive future sell-side activity. Glassnode: Unrealized Losses Climb for Short-Term Bitcoin Investors According to Glassnode’s onchain analysis, short-term bitcoin (BTC) holders are currently […]
]]>Bitcoin Faces ‘Mid-Cycle Wipeout’ as Markets Plunge: Glassnode Report
https://www.digit.info/bitcoin-faces-mid-cycle-wipeout-as-markets-plunge-glassnode-report/
Wed, 07 Aug 2024 14:30:54 +0000https://www.digit.info/bitcoin-faces-mid-cycle-wipeout-as-markets-plunge-glassnode-report/Read more]]>The latest report from onchain analysis firm Glassnode highlights a significant market downturn, marked by a 32% decline in bitcoin’s value, the largest drawdown of the current cycle. The study underscores the critical impact of this downturn on investor sentiment and the broader market dynamics. Glassnode Report: Bitcoin’s 32% Plunge Signals Mid-Cycle Market Low Glassnode‘s […]