Historic Levels of Realized Losses

The below is an excerpt from a recent edition of the Deep Dive, Bitcoin Magazine‘s premium markets newsletter. To be among the first to receive these insights and other on-chain bitcoin market analysis straight to your inbox, subscribe now.

Over the last 55 days, there has been a historic amount of losses on the Bitcoin network. Over $16 billion worth of losses have been realized since May 13.

The steady bleed of the class of 2021 bitcoin investors continues, as shown by the largest capitulation event in the history of bitcoin in terms of aggregate dollar losses.

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