$ETH: Big Bitcoin holders are selling at losses, triggering a past market bottom signal. Live: $ETH 2,471.7 (-1.67% 24h) · 24h range 2,445.1-2,518.9 · 13.00B USDT 24h vol
Bitcoin's largest holders are locking in losses instead of profits. U.Today calls it a paradox because that kind of pain has often lined up with market bottoms. That's the paradox.
It's not comfort. It's a pattern. The signal is not alone today.
CryptoSlate reports nearly a fifth of Bitcoin mining power sits dark. And CoinDesk reports Germany moved on Sept. 9 with a draft bill to tax bitcoin like stocks.
Losses cluster where bottoms form
When big holders sell below what they paid, that sale becomes a realized loss. It's final. The coins move, the loss is booked, and the seller is out.
Watch for
$ETH #ETH #CryptoNews #CoinBatmi
Bitcoin's largest holders are locking in losses instead of profits. U.Today calls it a paradox because that kind of pain has often lined up with market bottoms. That's the paradox.
It's not comfort. It's a pattern. The signal is not alone today.
CryptoSlate reports nearly a fifth of Bitcoin mining power sits dark. And CoinDesk reports Germany moved on Sept. 9 with a draft bill to tax bitcoin like stocks.
Losses cluster where bottoms form
When big holders sell below what they paid, that sale becomes a realized loss. It's final. The coins move, the loss is booked, and the seller is out.
Watch for
$ETH #ETH #CryptoNews #CoinBatmi