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Glassnode Glassnode @glassnode · 44.1K subscribers
Post #521 21.5K
As #Bitcoin prices trade at the lower end of the 2021-22 cycle, almost all investors from the last 18-months are holding unrealized losses.

Miners are also under pressure, with revenues down 56%, whilst cost of production is up 132% since the ATH.

Read more in The Week On-chain
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