Bitcoin Price Correction: Investors Remain Undeterred Despite Risk Concerns

Recent declines in Bitcoin prices have been observed, but on-chain data indicates that market risks remain significant. While the price drop has not yet triggered a widespread sell-off among investors, it remains unclear if this represents an early consolidation period or the beginning of a new wave of volatility. 24% of circulating Bitcoin supply currently holds unrealized losses, a level typically associated with initial correction phases. This indicates that the majority of investors haven’t experienced significant price drops yet, suggesting a lack of panic selling.