📊 BTC CQ: The average recent BTC buyer is in the red as the price trades below their realized value. In the short term, this keeps pressure on the market, since weak hands can still dump on every bounce. Structurally, such deep loss zones usually appear closer to the later stages of a correction rather than in its early stages.
Over 14 hours, a trader lost $3.24 million by taking a long ETH position at its peak. He went long at a local high, and as ETH began to slide, he partially closed the position, locking in a $583,500 loss. Kityara remains long on $37.6 million, with an unrealized loss of $2.66 million.
About 15 hours ago, a trader opened a long position on #ETH at its peak. In the next ~14 hours, the position generated a loss of $3.24M. Four hours ago, he partially closed it, locking in a $583.5K loss. He still holds 11,793 #ETH (~$37.6M) as a long, with unrealized losses of about $2.66M.
👑 21 Capital has installed a statue honoring Satoshi Nakamoto inside the New York Stock Exchange (NYSE) building.
Previously displayed in:
- Miami
- Japan
- Italy
- El Salvador
- Switzerland
📊 XRP Glassnode: Since the start of February, daily XRP transaction fees have fallen from 5,900 XRP to 650 XRP per day — a drop of about 89%. This marks the lowest level since December 2020.
