glassnode
@glassnode
Digital asset data, analytics, and research.
Joined July 2018
61 Following 606.8K Followers
LTH Relative Unrealized Loss peaked at 15% in early April. In prior deep bear markets, this metric exceeded 75%.
Long-term holders have so far experienced a fraction of the stress seen at historical cycle lows, suggesting recent drawdown, while significant, did not test their conviction at the same depth.
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At $82.1k, the unrealized loss in the market equals ~6.9% of the market cap.
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