40% of Bitcoin ($BTC) Investors Are Now Sitting on Unrealized Losses

40% of Bitcoin ($BTC) Investors Are Now Sitting on Unrealized Losses

The price of Bitcoin ($BTC) recently plunged to $31,000 after a series of withdrawals on the Anchor Protocol sled to the largest decentralized stablecoin, UST, losing its peg. Bitcoin’s crash has seen 40% of investors in the cryptocurrency sit on unrealized losses. In response to the UST crisis, the Luna…
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Source: Crypto Globe
Posted: 1 hour ago