~8.4 million BTC are currently underwater, mirroring Q2 2022 conditions 📉🔴. Resolving this requires coins to move from loss-holders to new buyers at lower prices 💪.


In 2022, approximately 3 million BTC needed to change hands before the market recovered; a similar process is likely required this time ⚡️🎯👀.
BTC-1.93%
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