Bitcoin: 50% BTC Supply Being Held at Loss, RSI at New Lows

Bitcoin (BTC) holders, both long-term and short-term, are facing the brunt of the recent market crash. According to the data on Glassnode, 35.4% of BTC supply is being held at a loss by long-term holders. Meanwhile, 17% of the Bitcoin supply is being held at a loss by short-term holders. As of November 9th, short-term holders in profit held only 0.06% of the supply. The holders in profit are at 50%, the lowest it has been since March 2020, during the Covid-19 crash.
A long-term holder is a walle
By Shubhk

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Bitcoin (BTC) holders, both long-term and short-term, are facing the brunt of the recent market crash. According to the data on Glassnode, 35.4% of BTC supply is being held at a loss by long-term…
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