If we really think about it, 2022 and 2023 have been the complete polar opposites. Last year we were having a ton of volatility, which was mostly downward and that was coupled with a ton of liquidations due to many still being in a bull market mode and using leverage enmasse. This year it's different, many have already paperhanded due to 2022 and some others that have stayed are juat HODLing right now, as they know that selling during such a low is most arguably the dumbest thing to do. Which has resulted in this stat: BTC Realized Losses and Profits chart, by Mitchellhodl Realized Profits and Realized Losses, meaning profits and losses traders actually took through selling, have been nearly non-existent. We are only seeing minor trading losses or even profits being taken right now, especially in comparison to the massive realized losses of last year. This also shows in the price, we have been in a complete Crab Market for a while now, which is once again due to investors rather just not doing anything with their coins right now. Which I would say is the smartest thing you could actually do right now. [link] [comments] |
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