glassnode: Realized losses for short-term holders hit a two-year high, indicating panic selling has peaked

Foresight News reported, citing glassnode data, that the actual losses of short-term holders have surged significantly, with the 7-day moving average reaching $427 million per day, the highest level since November 2022. Panic selling has peaked and intensified markedly, with current losses now exceeding those seen at the previous two major lows of this cycle.