New Research Reveals Panic Selling in Bitcoin Cost Investors 100 Million Dollars
Recent research highlights the financial toll of panic selling among Bitcoin (BTC) investors. Over the past six weeks, short-term holders (STHs) of Bitcoin faced staggering losses exceeding 100 million dollars as they rushed to sell at a loss during market fluctuations. The study conducted by CryptoQuant reveals that these panic-driven decisions have disproportionately affected those who held Bitcoin for only a short period, showcasing the volatility and risks in this speculative market. This serves as a warning for investors to maintain a prudent approach to their trading strategies in order to avoid significant losses during market downturns.