On-chain data shows the Bitcoin investors have participated in a massive amount of loss taking as the asset’s price has gone through a crash.
Bitcoin Entity-Adjusted Realized Loss Observed A Sharp Spike Recently
In a new post on X, the on-chain analytics firm Glassnode has talked about the latest trend in the Realized Loss for Bitcoin. The “Realized Loss” here refers to an indicator that measures the total amount of loss that the investors are ‘realizing’ through their transactions on the network every day.
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The metric works by going through the transfer history of each coin being sold on the blockchain to see what price it was moved at prior to this. If the last selling price was more than the current price for any
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