CryptoQuant: "Recent declines are among the 3rd-5th highest in BTC history."
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On-chain data platform CryptoQuant analyzed through Official X that "the recent Bitcoin decline will go down in history as one of the largest declines in Bitcoin's history, comparable to the 2021 crash." CryptoQuant emphasized that "it is a level that ranks within the top 3-5 in terms of loss size. There are only a handful of events of this magnitude in Bitcoin's history."
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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