Over the past 3 days, Bitcoin investors realized losses of approximately $657 million to $703 million per day, bringing cumulative realized losses to more than $2 billion, according to crypto analyst Darkfost.
He said net realized profit and loss over the past week was -$191 million, with realized losses currently dominating the market. Losses have not yet reached early August levels, but are gradually approaching them.
· After Bitcoin fell below the psychological $80,000 threshold again, Darkfost said the trend in losses had clearly accelerated. In his view, it remains unclear whether investors’ stop-loss selling is nearing its end or will continue.
Would you look first at the absolute amount of daily realized losses, or at how far they are from early August levels?
He said net realized profit and loss over the past week was -$191 million, with realized losses currently dominating the market. Losses have not yet reached early August levels, but are gradually approaching them.
· After Bitcoin fell below the psychological $80,000 threshold again, Darkfost said the trend in losses had clearly accelerated. In his view, it remains unclear whether investors’ stop-loss selling is nearing its end or will continue.
Would you look first at the absolute amount of daily realized losses, or at how far they are from early August levels?
