According to Mars Finance, Glassnode data shows that the current BTC pullback has triggered the largest surge in realized losses since the FTX crash in late 2022. Short-term holders (STH) accounted for the majority of the losses, while long-term holders (LTH) saw relatively limited losses, indicating that the pressure is primarily concentrated on near-term buyers.
Glassnode: Short-term holders bore the brunt of the losses in this round of BTC pullback.
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