Over $850 million in realized losses, with short-term holders bearing the brunt

Quick Take On Aug. 2, Bitcoin (BTC) was trading around $65,000, but by Aug. 5, it had plummeted to a low of $49,000 before recovering to about $51,000. This drastic fluctuation has led to substantial realized losses, particularly among short-term holders (STHs). Since Aug. 4, over $850 million in realized losses have been recorded, with […] source: https://cryptoslate.com/insights/over-850-million-in-realized-losses-with-short-term-holders-bearing-the-brunt/