Last year, there was a massive increase in the realized cap. However, since May this year, following the dawn of the Luna debacle, Bitcoin’s realized cap began dropping. In fact, according to Glassnodes data, “The realized loss experienced by Bitcoin investors across the past six months has been historic in magnitude.”
Related Posts
Kraken Institutional Debuts Custody Services in UK, Australia Crypto Markets
Kraken Institutional, the specialized division catering to institutional investors of US-based crypto exchange Kraken, has announced the international…
Acting SEC chair Mark Uyeda eyes regulatory ‘sandbox’ for crypto firms
Mark Uyeda, acting chair of the United States Securities and Exchange Commission, has hinted that the regulator could…
Bitcoin price faces bearish breakdown: Is $54,860 the next big test?
Bitcoin price has deteriorated over recent weeks, with repeated bearish daily closes below key support increasing downside risk…