Bitcoin Impact Index Soars, Half of Bitcoin Underwater
Bitcoin & Crypto News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
Bitcoin Impact Index surges, indicating severe market stress. Long-term holders suffer significant losses, with 30% of their stash underwater. Short-term holders also feel the pain, with 47% of total supply in the red. Stablecoin inflows turn to outflows, and ETFs plus miners switch to selling. Despite the gloom, holders arent panicking and dumping Bitcoin onto exchanges, which could signal a potential easing of stress.
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