Bitcoin Net Realized Losses Worsen 60% Weekly to -$410M

Traders holding Bitcoin (BTC) for a short time are selling it at a loss at an increasing rate as the 7-day moving average (7DMA) of Net Realized Profit/Loss has dropped to -$410 million, which is 60% worse than last week’s reading of -$256 million. At the same time, the Short-Term Holder Spent Output Profit Ratio, or STH SOPR, a measure that tracks whether recent buyers are selling above or below what they paid…