Longer-term Bitcoin holder losses hit two year lows
Cointelegraph
Published Jun 07, 2022 01:22AM ET
Updated Jun 07, 2022 03:40AM ET
Long-term Bitcoin holders are sitting on their largest losses since the March 2020 capitulation and the 2018-2019 bear market but may have to keep waiting for relief.
Calculated by measuring the value of coins deposited to exchanges, aggregated realized losses from long-term holders (LTH) of Bitcoin (BTC) exceeded 0.006% of the market capitalization by May 29 according to Glassnode’s The Week Onchain report from June 6.
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Written By: Cointelegraph
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