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Longer-term Bitcoin holder losses hit two year lows -Breaking

by Mike Robinson

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Two-year lows in losses for Bitcoin holders on the long-term

The March 2020 capitulation, 2018-2019 bear markets and their biggest losses as long-term investors are the most severe. However, they may need to wait for relief.

Calculated by measuring coins that have been deposited onto exchanges. The aggregated losses of long-term Bitcoin holders (LTH).BTC) exceeded 0.006% of the market capitalization by May 29 according to Glassnode’s The Week onchain ReportBeginning June 6.

The worst losses for long-term holders since March 2020 are being suffered by those who hold them over the longer term.