Add as a preferred source on GoogleBitcoin Investors Realize More Than $2 Billion in Losses Over Three Days
Daily realized losses reached as high as $703 million, while net realized profit and loss was negative $191 million over the past week.
Bitcoin investors realized more than $2 billion in losses over three days, with losses accelerating as Bitcoin fell below $80,000 again.
Daily realized losses ranged from about $657 million to $703 million. Net realized profit and loss was negative $191 million over the past week, meaning realized losses exceeded profits during that period.
The three-day total remained below early August levels but was approaching them. It remained uncertain whether investor stop-loss selling was nearing an end or would continue.
TokenPost previously covered a separate 24-hour reading of $1.115 billion in Bitcoin realized losses.
Enna Lee
ReporterEnna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.