06-12-2022 22:00 via newsbtc.com

Glassnode: Bitcoin Holders Realized 14x More Losses Than Profits Recently

Data from Glassnode reveals Bitcoin holders realized 14 times more losses than profits in recent weeks.
Bitcoin 7-Day MA Realized Profit/Loss Ratio Sets New All-Time Low
As per the latest weekly report from Glassnode, the realized profit/loss ratio has assumed its lowest value ever recently.
Whenever a coin sits idle on the chain and the price of Bitcoin changes, it accumulates some amount of profit or loss, depending upon the direction of the price fluctuation.
This profit or loss is called &ld
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