Realized losses spiked as Bitcoin saw turbulent start to the year

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Realized losses spiked as Bitcoin saw turbulent start to the year Realized losses spiked as Bitcoin saw turbulent start to the year Andjela Radmilac · 5 hours ago · 2 min read

Bitcoin’s new year tumble triggers $216.55 million in realized losses, revealing panic selling among short-term investors.

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Updated: January 4, 2024 at 10:57 pm

Realized losses spiked as Bitcoin saw turbulent start to the year

Cover art/illustration via CryptoSlate. Image includes combined content which may include AI-generated content.

Three days into the new year and Bitcoin has already been through a rather turbulent period. Bitcoin saw its largest one-day price drop since the beginning of December, marking a 4.7% decrease. Bitcoin’s drop from a high of $45,500 to $42,800 in a single day triggered around $700 million in liquidations, with $170 million of […]

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