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Bitcoin’s Latest Crash Sparks $818M In Realized Losses—2nd Largest This Cycle

  • 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.

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