glassnode: Approximately 7.75 million BTC are currently in a state of loss
Foresight News reported that glassnode tweeted that at the current price, about 7.75 million BTC are in a loss state. This oversupply is a structural characteristic of bear markets and is usually only resolved when weak hands capitulate.
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.
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