Bitcoin Speculators Lose Over $100M in Just Six Weeks Amid Panic Selling
TL;DR $100M Losses: Bitcoin speculators lost over $100M in six weeks as panic selling took hold. Market Capitulation: Bitcoin's price drop caused the market cap to fall below the realized cap, leaving many investors underwater. Heightened Selling Pressure: Declining NUPL scores and steep drops indicate widespread capitulation following a 30% drop from recent highs.