Glassnode: Unlocked losses in cryptocurrency rise to $350 billion, may enter a high volatility period in the coming weeks
Glassnode stated on platform X that the recent unrealized losses across the entire cryptocurrency ecosystem have risen to approximately $350 billion, with Bitcoin alone accounting for about $85 billion in losses. As multiple on-chain indicators show a comprehensive decline in liquidity, the market is likely to enter a period of high volatility in the coming weeks.
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