Bitcoin Losses Surge: Mid-Term Holders Sell Off as Market Deepens

Recent data from Glassnode suggests a worrisome trend in the cryptocurrency market – mid-term Bitcoin holders are now experiencing significant losses. This shift indicates that the Bitcoin sell-off, which started as a short-term correction, is deepening and impacting investors who anticipated long-term gains. Let’s explore what this data reveals about the escalating Bitcoin price decline and what it means for the broader crypto market landscape.