Bitcoin

<ul><li>Bitcoin traders face a -17% profit/loss margin, the lowest since November 2022 post-FTX collapse.</li><li>Current negative margins suggest a buy opportunity, mirroring previous market bottom conditions.</li><li>Historical data indicates long-term holders could benefit from buying Bitcoin during this dip.</li></ul>Bitcoin traders are currently facing unprecedented losses, according to recent data from <a href="https://cryptoquant.com/community/dashboard/638e2fd9f1ce177db56da127?e&#61;657b471953cdc86cfe17c621" rel="noopener noreferrer nofollow">CryptoQuant</a>. The on-chain trader realized price and profit/loss margin indicate that margins have plummeted to -17%, marking the most negative point since November 2022. This drop occurred shortly after the collapse of the FTX exchange, a significant event in the cryptocurrency world. For long-term investors, however, this may signal a prime opportunity to buy and hold Bitcoin, anticipating a market recovery.<img src="https://lh7-us.googleusercontent.com/docsz/AD_4nXfAxna9BzReB4gFSQn3AwYX_LYh82mwEABR-6mtu7NkvY99JoSt85g2nG3VilQJTTuIgZma9SjCtwSKaIbS-um0aT-Kn3kiQvfaInk6w4tSXnpYRgjnU3LapGTqPQqHuLRtBl08NR0sdKqNhcG2tjtYvUo_?key&#61;-GXtSyNHPfFFIZO3fQN95w" />Over the past year, <a href="https://cryptotale.org/bitcoin-bulls-eye-61k-resistance-to-reverse-bearish-trend-says-analyst/" rel="noopener noreferrer nofollow">Bitcoin&#39;s</a> price has experienced notable volatility. The realized price, which reflects the average purchase price of Bitcoin held between one and three months, has remained relatively stable. However, the actual market price has seen significant peaks and troughs. Particularly, in March 2024, Bitcoin&#39;s price soared to around 70K, its highest point on the chart. Despite these fluctuations, the profit/loss margin, representing trader profitability, has declined sharply since this peak.<a href="https://cryptotale.org/bitcoin-traders-face-record-losses-is-it-time-to-buy-and-hold/" rel="noopener noreferrer nofollow">Read more on CryptoTale.</a>Visit the links for more information <a href="https://cryptotale.org/" rel="noopener noreferrer nofollow">Website</a> | <a href="https://twitter.com/cryptotalemedia" rel="noopener noreferrer nofollow">Twitter </a>| <a href="https://t.me/cryptotale_news" rel="noopener noreferrer nofollow">Telegram </a>| <a href="https://www.instagram.com/cryptotalenews/" rel="noopener noreferrer nofollow">Instagram </a>|

Bitcoin Traders Face Record Losses: Is It Time to Buy and Hold?

CryptoTale

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