$350B in crypto losses – But big Bitcoin buyers are moving in
The cryptocurrency market has remained under pressure, recording significant outflows over recent months.
Glassnode reports that unrealized losses across the broader crypto ecosystem have reached $350 billion, with Bitcoin investors accounting for $85 billion of that figure.
The analytics firm also projects a volatile phase ahead for Bitcoin in particular.
Digital Asset Treasuries appear to be treating this warning as a signal to step in, with exchange-traded fund (ETF) investors following suit.
Recent data from Glassnode shows steady Bitcoin [BTC] accumulation by DATs, suggesting a shift in investor positioning.
Bitcoin DAT steps in
Treasury netflows have trended upward since the fourth quarter of the year, with daily…
