People Holding Bitcoin for the Last 5 Years Are Now in 34% Loss
CoinEdition
Published Dec 17, 2022 07:32AM ET
Updated Dec 17, 2022 08:00AM ET
People Holding Bitcoin for the Last 5 Years Are Now in 34% Loss
- According to Santiment, five-year BTC investors are now at a loss.
- The global crypto market cap lost nearly $22 billion in the last 24 hours.
- BNB and Dogecoin are the worst-performing coins in the last seven days.
The bears have won most of this year’s crypto market as the most popular crypto, Bitcoin (BTC), struggles to cross the $20k price point. According to the market intelligence platform, Santiment, five-year BTC investors are now at a loss.
Santiment shared a chart with the crypto community proclaiming that people who have been holding Bitcoin for the last five years are now underwater, with a 34% loss on average. The analytic firm added that BTC return first went 0% on June 9 this year.
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Written By: CoinEdition
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