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September 01, 2020 1:25pm
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Bulls & Bears Collide In Crypto-Land: Hot-Hands Versus HODLers

The Bitcoin price is trading down ~50% from the all-time high set in November 2021. As the drawdown worsens, an increasingly significant volume of BTC supply has fallen into an unrealized loss. Approximately 5.7 million BTC are now underwater.
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