Bitcoin (BTC) Short-term Holders Record $23.4M Loss Previous Day

Source
JH Kim

Summary

  • Bitcoin (BTC) short-term holders' daily realized losses have surged to $23.4 million.
  • This figure approaches the previous peak of $38 million (February 3rd), raising concerns among investors.
  • Bitcoin price is trading at $87,454.01, down 7.10% compared to the previous day.

Glassnode, an on-chain analytics firm for digital assets (cryptocurrency), reported through their official X (formerly Twitter) account on the 25th (local time) that "Bitcoin (BTC) short-term holders' daily realized losses surged to $23.4 million on the 24th (local time)," adding that "the previous peak was $38 million (February 3rd)."

Meanwhile, as of 00:58 on the 26th, BTC is trading at $87,454.01 on the Binance USDT market, down 7.10% compared to the previous day.

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JH Kim

reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
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