According to CryptoQuant, on chain data reveals that $BTC speculators have insured more than $100 million in realized losses over the past six weeks.
Short terms holders, specifically those who purchased BTC within the last one to three months, bore the burnt of the losses, as they capitulated amidst a 30% decline in BTC price from its mid January high.
$BTC as an Investment: More Than Just Currency
Bitcoin is becoming an essential component of investment portfolios, providing unique diversification opportunities. Here's why:
✓ Investability. With daily trading volumes surpassing $1 billion, Bitcoin offers impressive liquidity and is accessible to investors gl Dally.
✔ Political-Economic Profile. Bitcoin operates independently of governments and central bunks, giving it value as a self-sustaining digital asset managed by a decentralized network.
✓ Correlation of Returns. Bitcoin is largely uncorrelated with traditional assets, making it a valuable tool for diversifying portfolios and mitigating risk.
Risk-Reward Profile. Bitcoin presents a favorable risk-to-reward ratio compared to other assets, making it an appealing choice for long-term investment.
As Bitcoin matures, it's increasingly becoming a cornerstone of modern investment strategies and could change the landscape of finance.
