Bitcoin's price decline to $66,450 has left holders with nearly $600 billion in unrealized losses, with 44% of the circulating supply trading underwater.
- Bitcoin's price has dropped 47% from its $126,000 all-time high to $66,450.
- Holders are facing nearly $600 billion in unrealized losses, with 44% of the circulating supply trading underwater.
- Approximately 8.8 million BTC are held at a loss, representing $598.7 billion in unrealized losses.
- Long-term holders (LTH) have realized $200 million in losses, indicating active capitulation.
- Global Bitcoin investment products recorded $194 million in net outflows during the week ending March 27.
- Apparent demand for Bitcoin remains negative at -1,623 BTC, with US investors not re-entering the market at scale.
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