In periods of extreme price volatility leading to massive losses across the market, it’s important to understand where most of these losses come from. While previous CryptoSlate analysis focused on the difference between the behavior of long-term and short-term holders, there’s another layer of depth in on-chain data that can provide a better understanding of market sentiment.
One of these metrics is the volume spent in loss, which calculates the total volume of Bitcoin sold below the acquisition price. By categorizing this volume in loss by age cohorts and wallet sizes, we can better understand the distribution of loss-making movements across different investor classes and timeframes.
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