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‘Bull or bear market?’ Bitcoin losses from panic selling mount in 2022 -Breaking

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© Reuters.

(BTC) sellers’ losses are mounting as the BTC price downturn shows that some investors are panicking at current prices.

On-chain data analytics company GlassnodeTrading suite DecentraderIt was evident that more BTC entities were selling their coins at a lower price than what they bought them in January.

Chart showing the SOPR chart for Bitcoin spending profit (screenshot). Decentrader
Annotated Chart of Bitcoin Transfers Source: Glassnode/Twitter