Bitcoin Whales Are Losing $200 Million Daily As Market Fear Rises

Large Bitcoin investors are absorbing significant realized losses as the flagship cryptocurrency remains trapped in a prolonged sideways slump below $70,000. According to on-chain data from Glassnode, wallets holding between 100 and 10,000 BTC are currently realizing daily losses of over $200 million based on a 7-day moving average. These large investors are often referred The post Bitcoin Whales Are Losing $200 Million Daily As Market Fear Rises appeared first on BeInCrypto.