CryptoQuant: Traders are currently facing the largest negative unrealized profit margin since November 2022
2024-08-05 07:32:30
According to 8MarketCap data, Bitcoin has fallen more than 16% in the past 24 hours, falling below the $57,000 support level, but it is still the top ten assets in the world, with a market capitalization higher than Berkshire Hathaway. According to CryptoQuant analysis, falling below the $57,000 support level indicates that the market may further fall into the $40,000 range, and traders are currently facing the largest negative unrealized profit margin since November 2022.
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