The cryptocurrency market has been experiencing a tumultuous period lately, with prices fluctuating wildly and investor sentiment remaining uncertain. One metric that provides insight into the state of the market is the number of holders who are currently at a loss.
A recent analysis has revealed that around 9 million Bitcoin holders are now in this position, which represents a significant portion of the total market. This figure is likely to be of concern for investors and analysts alike, as it suggests that many people are holding onto their assets despite losing value over time.