Analysis: Bitcoin's realized losses have soared to the highest level since the FTX collapse. On November 21, Glassnode reported that Bitcoin's realized losses have surged to the highest level since the FTX collapse, with short-term holders being the main driving force behind this capitulative sell-off. The scale and speed of liquidations during the decline reflect that marginal demand has significantly decreased, and recent new buyers are exiting. $BTC

BTCUSDT
Perp
92,949.5
-1.00%

ETHUSDT
Perp
3,421.62
+1.32%

XRPUSDT
Perp
2.0807
-3.23%