Bitcoin’s Retreat to $85,000 Shifts Losses to New Entrants – Decrypt
In brief The profit/loss margin for recent Bitcoin buyers hit -25%, a level that has marked local bottoms four times since the 2023 bull run. Long-term holders have distributed 1.78 million BTC since July, while short-term holders have accumulated a nearly identical 1.8 million BTC. This shift in cohort behavior is a normal late-cycle wealth...
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