Glassnode: BTC Realized Loss Surges to Highest Level Since FTX Crash

BlockBeats News, November 21st, Glassnode posted that Bitcoin's Unrealized Loss has surged to its highest level since the FTX crash, with short-term holders being the main driving force behind this capitulation sell-off. The scale and speed of the liquidations during the downturn reflect a significant decrease in marginal demand, with recent new buyers exiting by liquidating their positions.