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Short-Term Bitcoin Holders Face Historic Losses

www.financemagnates.com

During the recent market dip, the price of Bitcoin witnessed one of its worst corrections after the digital asset reached a drawdown of 54%, even worst than the bear market of 2017. As a result, short-term Bitcoin holders are facing the heat.

Bitcoin BTC
$ 70650.01

Timeline of Bitcoin

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Bitcoin Bitcoin
70712.0000 2.64%
Ethereum Ethereum
3556.53000 1.51%
BNB BNB
581.062000 1.71%
Solana Solana
186.521000 1.36%
XRP XRP
0.62847900 2.24%