Glassnode: Unrealized losses in cryptocurrencies rise to $350 billions, high volatility expected in the coming weeks
ChainCatcher news, Glassnode stated on the X platform that the unrealized losses across the entire cryptocurrency ecosystem have recently climbed to approximately $350 billions, with bitcoin alone accounting for about $85 billions in losses. As multiple on-chain indicators show a comprehensive liquidity contraction, the market is likely to enter a period of high volatility in the coming weeks.
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