Balu
@cryptokingbalu
Bitcoin's recent slump has new investors feeling the squeeze. Since late June 2024, short-term holders are underwater (MVRV < 1), nursing losses on paper. But there's a silver lining! These unrealized losses aren't as brutal as the mid-2021 bloodbath or the March 2020 COVID panic. So while newbies are sweating, they're not in full meltdown mode.
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