Last 3 Days Bring Largest Realized Loss for Bitcoin Investors in History of Cryptocurrency Market

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Cryptocurrency investors are experiencing huge losses on the market after Bitcoin plunges below the 2017 ATH

as they contributed around 180,000 BTC at prices far below $23,000, pushing the price of the first cryptocurrency below the level of the 2017 all-time high.

The coins dumped on the market represented around 1.3% of their total holdings. After dropping a portion of their LTH portfolio, their holdings returned to levels of September last year.By looking at the profit and loss of LTG wallets that sent money to centralized exchanges for realization, we may see direct signs of capitulation as they were rapidly selling their funds, even at mind-blowing losses of 75%.

 

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