Butter? or Margin? | BTC @ 4.7M Underwater
According to Glassnode, there’s roughly 4.7M BTC held at unrealized losses. People are so over leveraged it’s not funny. I’d say bulls have a seriously hard road ahead, at least in the short term and that chart does NOT look good.
Stick a fork in it my dudes.
* * * Not investment advice * * *

