glassnode: The current market structure is similar to that of early May 2022
PANews, February 9th – According to analysis by glassnode, at the bitcoin price level of $70,000, the unrealized losses in the market are approximately equivalent to 16% of the total market capitalization. The current market turbulence is similar to the market structure in early May 2022.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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