According to Glassnode data, the loss-making holdings of long-term BTC holders have exceeded 5 million BTC, and the losses have exceeded those during the 2018 bear market, and are close to the losses of long-term holders during the 2015 bear market.
The losses of long-term BTC holders are close to those in the 2015 bear market and have exceeded those in the 2018 bear market.
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