‘Realized Losses’ Might Prove Bitcoin’s Gain if Signaling a Market Bottom, Glassnode Says

As retail and short-term investors are purged from the market during these mass sell-offs, the saturation of “HODLers,” or the cohort of price-insensitive long-term investors, swells. The more HODLers there are, the stabler crypto prices become and the likelier it is that the market has bottomed out.