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Glassnode: Bitcoin realized losses have reached the highest level since the FTX crash

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2025-11-21 11:04:05
Realized losses have surged to their highest level since the FTX crash, according to Glassnode data, with short-term holders largely driving the sell-off. The scale and speed of the losses reflect a sharp reduction in marginal demand as buyers unwind their positions amid the recent price decline.
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