Data: In this round of panic selling, new BTC investors lost 100 million dollars in 6 weeks
ChainCatcher news, according to Cointelegraph, new Bitcoin investors have lost over $100 million in just 6 weeks due to panic selling.
Cointelegraph cites data from the on-chain analysis platform CryptoQuant, indicating that short-term holders (STH) who have held Bitcoin for 1-3 months have borne the brunt of the bull market correction, with many failing to hold on. This group of investors (defined as those who have purchased within the last 6 months) has incurred losses of approximately $100 million.
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