) spot trading below $20,000 is seeing a new “capitulation” event encompassing an entire year’s worth of buyers, research reveals.intense selling by a large number of recent hodlers.As BTC/USD lingers near levels barely seen since 2020, it is not just minersAnalyzing Bitcoin’s Exchange Inflow Spent Output Ages Bands , CryptoQuant contributor Edris showed that those who bought between April 2021 and April 2022 have been selling coins en masse — for less than they bought them.
“Looking at the chart, it is evident that coins aged between 6–18 months ago have been sold aggressively recently,” he concluded. “These coins have been bought between April 2021 and April 2022 at prices above $30K. This signal means that many holders who have entered the market during the 2021 bull market and above the $30K mark, have recently capitulated and exited the market at an approximate 50% loss.”Such events should not be taken lightl because they tend to occur at the bottom of bear markets. The only question is whether the recent macro bottom in June at $17,600 will be this one’s floor.
👋👋loaded a huge bag on bitfinex at around $50k, still haven't sold
Woah! Damn that shit…!
😱😢
And it begins………again. 😂 btc
Yes, I bought BTC on Bfx for more than 30k, and I don't regret it at all 🙃
Yep, I did buy it on finex back then.
🦾
Well, no. I guess I’m lucky.
Be sure they will come back, at 30k again, for a new gain of those buying today 😁.
well the ability to use stop loss in bitfinex has made me more successful than most traders
meitito22 and this trend will continue for not so long, then we will have bullish half of Q4 and the winter will be tricky. I know that I wont sell only two projects Ethereum and Inery
Why would you !?
Buy high sell low. Learning experience.
Le mani deboli vendono !!
About half of all Bitcoin addresses will be underwater when it drops to $17,000.
Noobs
Bull Markets make stupid investors look smart. Bear Markets turn the stupid investors into losers and smart investors into winners
Paper hands. Shame, shame.
Non vendo un caz** io 😃. AVG = Saylor HOOODL
They will regret it. It was a big mistake.
saylor dis u
I bought Bitcoin at $60k as a hedge against inflation
emil_het
such a stupid title. they will capitulate when it will show over 80% losses. why only 50%
I bought my most expensive bitcoin under $30k for sure
Hmm what happened to hodl
yes, also bought at 42 and 19 and 10 and will keep buying if possible.
🚀Thnkss a millon.
Arree you awarree of what is happeening with Uniswap
Because you should not sell Bitcoin now.
It needs to go up to 30k for just a sec now, so I can sell off and wait for the ultimate suicidal dip
They must have their reason to sell. Reasonably it doesn t make sense to not wait at least 2024 2025 to sell
It good bootom in
Naw. It’s low vol
Everyone is tired! They’re tired of the manipulation! I am tired! Let’s SELL AT LOSS and leave this shit Crypto!
Bear market is for buying, bull market is for selling
Buy high, sell low. NGMI 😂
🥖
They should sell 👍
Frankly, in the long run, it won't matter how many dollars we buy Bitcoin for.
Yes, but I’ve never stopped. Just don’t tell me I got lucky when it’s over a million.
Sorry for them but also a good signal In my opinion. If they are giving up whales are probably licking their lips
Uniswap muust fix this as soon as possible
🚀Thankss a millon
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