Episode Details
Back to EpisodesBitcoin Impact Index Soars, Half of Bitcoin Underwater
Description
Bitcoin Impact Index surges, indicating severe market stress. Long-term holders suffer significant losses, with 30% of their stash underwater. Short-term holders also feel the pain, with 47% of total supply in the red. Stablecoin inflows turn to outflows, and ETFs plus miners switch to selling. Despite the gloom, holders arent panicking and dumping Bitcoin onto exchanges, which could signal a potential easing of stress.
Support the show:
Get a discount at https://solipillow.com/discount/dnn.
Advertise on DNN:
advertise@thednn.ai
This is an automated, high-level news summary based on public reporting.
Report issues to feedback@thednn.ai.
View sources & latest updates:
https://sources.thednn.ai/27e6761767a7ad1d