"The number of Bitcoin loss-cut sales increased by 37% in the past 5 days"

Son Min

Summary

The number of investors who sold Bitcoin at a loss during the past 5 days increased by 37%.
Glassnode reported that the selling volume by loss sellers rose from 63,000 BTC to 87,000 BTC, an increase of about 37.8%.
Compared to the beginning of this year, the level remains low, and no panic sell has occurred yet.

During the past 5 days, the number of investors who sold Bitcoin (BTC) at a loss increased by 37%.

On the 19th (local time), Glassnode announced via X (formerly Twitter), "The volume sold by loss sellers over the last 5 days increased from 63,000 BTC to 87,000 BTC, about 37.8% higher." However, they added, "Compared to the beginning of this year, the current level remains low. There has not been a panic sell yet."

As of 6:28 PM, according to the Binance USDT Market, Bitcoin is trading at $115,387, up 0.63% from 24 hours ago.

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