LTH Relative Unrealized Loss captures the total unrealized loss held by Long-Term Holders, normalized by market cap, reflecting the depth…
LTH Relative Unrealized Loss captures the total unrealized loss held by Long-Term Holders, normalized by market cap, reflecting the depth of pain among the most convicted cohort. The 30D-SMA currently sits at 14% of market cap, substantially below the levels at which prior bear markets have historically resolved (~70%) 📉 http://glassno.de/4sXmxyH
The excerpt is quoted from a public Telegram channel, which owns its text.