Bitcoin investors have experienced a significant amount of loss as the asset's price crashed recently.Glassnode, an on-chain analytics firm, revealed that the Bitcoin Entity-Adjusted Realized Loss has seen a sharp spike.The metric calculates the total loss by analyzing the price difference between coins when they were last sold and the current price.The recent capitulation event resulted in a Realized Loss of $818 million, making it the second largest loss-taking event in the current cycle.