Bitcoin

<p style="text-align: justify">You can also read this news on BH NEWS: <a href="https://en.bitcoinhaber.net/do-long-term-bitcoin-holders-face-real-losses" data-wpel-link="internal" rel="noopener noreferrer nofollow">Do Long-Term Bitcoin Holders Face Real Losses?</a><br></p>
<p style="text-align: justify">Recent analysis reveals that many long-term <a href="https://en.bitcoinhaber.net/kiyosaki-predicts-bitcoin-and-gold-price-boom" data-wpel-link="internal" rel="noopener noreferrer nofollow">Bitcoin</a> holders are currently experiencing significant losses. However, Glasnode’s on-chain analysts caution against jumping to conclusions about the implications of these losses. Here are the pivotal insights.</p>
<h2 id="why-are-long-term-holders-increasing">Why are Long-Term Holders Increasing?</h2>
<p style="text-align: justify">Current data indicates that the ratio of long-term holders compared to short-term holders has surged to an impressive 5.4, the highest since mid-2021. Despite this increase, a growing segment of long-term holders finds themselves in a position of loss.</p>
<h2 id="are-market-losses-as-concerning-as-they-appear">Are Market Losses as Concerning as They Appear?</h2>
<p style="text-align: justify">The analysts have pointed out that 47.4% of the current long-term holder cohort is underwater on their investments. Despite this alarming figure, they emphasize that the actual “paper” losses are relatively minor. This suggests that prominent investors are technically at a loss, but the scale of their portfolio withdrawals remains limited, indicating little financial strain on the market.</p>
<p style="text-align: justify">Glasnode’s findings indicate an overall optimistic outlook. Historical trends suggest that the market may be approaching a “reaccumulation” phase for Bitcoin. Last week, Bitcoin’s price dipped by 6.36%, which was unexpected for October, historically a strong month. At present, Bitcoin trades at $61,300, with a daily trading volume nearing $34 billion.</p>
<ul>
 <li>Long-term holders constitute a significant portion of the market.</li>
 <li>The losses may not lead to widespread market panic.</li>
 <li>Investors are advised to focus on long-term strategies.</li>
 <li>A potential reaccumulation phase could be on the horizon.</li>
</ul>
<p style="text-align: justify">The findings shed light on the dynamics of Bitcoin investments, stressing the need for long-term perspectives while navigating market fluctuations. Investors are encouraged to stay informed and strategic in their approaches to this evolving landscape.</p>
<h5><span style="font-weight:bold;font-size:16px">Continue Reading: </span> <a href="https://en.bitcoinhaber.net/do-long-term-bitcoin-holders-face-real-losses" data-wpel-link="internal" rel="noopener noreferrer nofollow">Do Long-Term Bitcoin Holders Face Real Losses?</a></h5>

Do Long-Term Bitcoin Holders Face Real Losses?

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