The fall in bitcoin price has declined by more than $ 2.16 billion, most of which are coming from recent BTC buyers.
In a recent analysis ThreadGlasanod found that from 27 February between 25 February, traders damaged the damage caused by the Crypto accident starting on February 25, when the BTC (BTC) price fell below $ 90,000 for the first time since November 2024.
This year the damage caused by traders was broken by purchasing BTC and recently based on the market impact of Crypto Crash.
Most of these disadvantages came from those who bought BTC within a week before the price accident. On the other hand, people who have kept BTC for a long time suffered relatively less loss than people who bought BTC recently.
“It suggests that people who enter H2 2024 or are holding a large extent earlier, while recent buyers are out under pressure,” Glasnod wrote.
BTC purchasing traders within last week suffered the highest loss in $ 927 million, which is about 42.5% of the total loss loss. The second biggest disadvantage came from traders who bought bitcoin within a month before the price was reduced, $ 678 million or 31.3% of the total damage.
Meanwhile, traders who bought bitcoins within 24 hours before the accident created 14% of the total damage, which is about 322 million dollars. In addition, traders bought BTC for three months before the total damage was contributed to 11.9% or $ 257 million.
In contrast, people who have held long on their bitcoins, in the time of three months to one year before the accident, experienced much less loss than recent buyers. The traders who bought BTC within six months reduced the price of only 6.5 million or 0.3% due to the total feeling.
Meanwhile, traders purchased BTC within a year suffered minimal damage, with only 0.15% of the total damage or about $ 3.2 million.
Additionally, Glasanod’s research found that on 26 February this year was the largest single-day crypto crash, with a total feeling loss $ 1.13 billion. This number is 25% larger than the previous single-day market drop, on 3 February, which was $ 848 million in losses.
