Summary
- Bitcoin investors' realized losses are only -0.6%, according to an analysis.
- Despite recent Bitcoin declines, it said this is a sign that investors are not panic selling.
- In the past, Bitcoin has rebounded when realized losses reached -12%, but it said whether prices will rebound in this decline is uncertain.
An analysis showed that Bitcoin(BTC) investors' realized losses are only 0.6%.
31st(local time) Ali Martinez, a digital asset(cryptocurrency) analyst, said on X(formerly Twitter), "Bitcoin investors' realized losses are only -0.6%." It is interpreted as a sign that despite recent Bitcoin declines, investors are not panic selling.
However, whether this will lead to a price rebound is unknown. He said, "Historically, Bitcoin has rebounded when investors' realized losses reached -12%."
Son Min
sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit
