Bitcoin Daily Realized Losses Hit $280M Peak, Highest Since December 2022: Glassnode

BTC0.90%
According to Glassnode on July 9, Bitcoin's daily realized losses peaked near $280 million, marking the highest level since December 2022. The data firm noted that long-term holders remain in capitulation mode, a sign of extreme market stress. Glassnode indicated the indicator must show significant compression before the market can credibly shift back to bull market conditions.
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GateUser-3783c56fvip
· 42m ago
Get in quick! 🚗
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