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🥶 Mass capitulation of $BTC is imminent
Glassnode warns of the risks of mass capitulation of $BTC
The Realized Profit/Loss Ratio indicator has fallen to ~1.5 and is moving towards the critical mark of 1.
📉 Historically, breaking through this level triggers widespread capitulation: investors massively lock in losses instead of profits, the market loses liquidity, and this can trigger a serious $BTC crash.