Bitcoin Realized Loss Spike Proves False as Market Activity Remains Thin

Bitcoin is trading around $90,000 at the time of writing, following a period of elevated realized losses that initially appeared to signal renewed short-term holder (STH) capitulation. However, on-chain data shows that the recent spike in realized losses was not driven by distribution, but by internal UTXO consolidation, distorting several commonly used STH indicators. source: https://www.ethnews.com/bitcoin-realized-loss-spike-proves-false-as-market-activity-remains-thin/