Glassnode Analyst: Bitcoin Daily Unrealized Loss Reaches $300 Million, Loss Selling Behavior Shows No Significant Decline
BlockBeats News, December 28th, Glassnode's Chief Research Analyst CryptoVizArt stated in a post that "After removing internal transactions and using a 90-day Simple Moving Average (90D SMA) for smoothing, the current realized loss is approximately $300 million per day."
"Although the Bitcoin price has stabilized above the realized market value (around $81,000), the behavior of selling at a loss has not shown a significant decrease due to the high-entry buyers' dissatisfaction with the time cost."
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
UBS lowers 12-month target for South Korea's KOSPI index to 8,000 points

Microsoft launches fourth cloud region in South Central India
Volkswagen removed from Euro Stoxx 50 Index, shares under pressure
Volkswagen is excluded from the Euro Stoxx 50 Index for the first time in 15 years

