Bitcoin panic selling costs new investors $100M in 6 weeks — Research

Bitcoin (BTC) speculators have secured losses of over $100 million in just six weeks thanks to panic selling, new research calculates.

Data from onchain analytics platform CryptoQuant reveals the true extent of recent capitulation by short-term holders (STHs).

Bitcoin speculators run to the exit “in the red”

Bitcoin entities hodling coins between one and three months bore the brunt of a brutal bull market drawdown — and many did not stay the course.

CryptoQuant suggests that this section…