CryptoQuant analyst: BTC short-term holders’ capital has shrunk by 56%, with the market under loss pressure
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CryptoQuant analyst Axel Adler Jr. stated that the price of Bitcoin has fallen back to around $62,000, returning the market to a state of unrealized loss. Short-term holders' realized market value drawdown has deepened to -56%, while long-term holders' realized market value drawdown is close to zero. The aNUPL indicator has dropped below zero to -0.14, and the market has been under loss pressure for about three consecutive months.
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