Unrealized Losses of Bitcoin Owners Reached a Record $ 134 Billion

Unrealized losses of bitcoin owners reached a record $ 134 billion

What happened? Data published on the website of the analytical company Glassnode indicate a record amount of unrealized losses for owners of bitcoin. By the end of December, they continue to grow, their size has already reached 8 million BTC or 134.6 billion dollars at the Binance rate http://btcnews.fun/2023/01/04/alto-crypto-ira/ on December 27.

Bankruptcy of the FTX cryptocurrency exchange rate collapsed from $ 21,000, at the time of writing the material was $ 16,823 (+0.09% per day). Given the fall, according to Glassnode, losses carry both long -term and short -term investors. An unrealized loss of long -term holders as of December 26 amounted to 6.057 million BTC, and short -term – 1.889 million coins.

It should be noted that this is.n. “Paper” losses of holders. While users have not sold bitcoins at a reduced price, they remain the owners of assets and do not lose the money spent on the purchase.

Earlier, the Cointelegraph portal with reference to Glassnode statistics announced a decrease in the number of bitcoin millionaires by 80% per year. As of November 25, 2022, there were only 23,345 wallets with a balance of 1 million BTC in the world and above. November 8 last year, the indicator was 112 898.

Mikhail Golikov

Mikhail Golikov