HomeUncategorizedBitcoin capitulation 4th-worst ever as BTC hodlers lose $10B in a week By Cointelegraph

Bitcoin capitulation 4th-worst ever as BTC hodlers lose $10B in a week By Cointelegraph

November 30, 2022

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Bitcoin capitulation 4th-worst ever as BTC hodlers lose $10B in a week

(BTC) hodlers have capitulated more than at almost any point in Bitcoin’s history this month.

Data from on-chain analytics firm Glassnode confirms that the November 2022 BTC sell-off was the fourth-largest ever.

Bitcoin realized loss 7-day sum annotated chart (screenshot). Source: Glassnode
Bitcoin adjusted MVRV ratio annotated chart (screenshot). Source: Glassnode
Bitcoin Accumulation Trend Score (7-day MA) annotated chart (screenshot). Source: Glassnode