CoinTelegraph
Sentiment: Negative | Score: 0.97
You are a financial journalist writing for small retail crypto investors. Analyze the following news and generate an engaging article (at least 100 words), explaining the potential impact on the crypto market in a clear and objective way.
Summary:
Bitcoin buyers feel the pain of BTC price fluctuations, with loss-making transactions seeing recent hodlers’ realized cap dive by $100 million since February. February marks just the latest trial for recent Bitcoin buyers, with BTC/USD losing up to 30% versus its latest all-time highs.
Content:
Bitcoin buyers feel the pain of BTC price fluctuations, with loss-making transactions seeing recent hodlers’ realized cap dive by $100 million since February. Bitcoin (BTC) speculators have secured losses of over $100 million in just six weeks thanks to panic selling, new research calculates. Data from onchain analytics platformCryptoQuantreveals the true extent of recent capitulation by short-term holders (STHs). Bitcoin entities hodling coins between one and three months bore the brunt of a brutal bull market drawdown — and many did not stay the course. CryptoQuant suggests that this section of the overall STH investor cohort, defined as those buying up to six months ago, is around $100 million out of pocket. “This represents a significant reduction in the value of Bitcoin held by this cohort, who are now underwater as many bought at higher prices and are exiting with losses,” contributor Onchained wrote in one of its “Quicktake” blog posts on March 13. Onchained referenced the marke
Write in English. Do not include a title, just the article body.
Fonte Original: https://cointelegraph.com/news/bitcoin-panic-selling-speculators-100-m-6-weeks-research