The magnitude of realised losses on-chain this week has eclips | 𝗔𝗥𝗧𝗘𝗠 𝗖𝗥𝗬𝗣𝗧𝗢 | ARSHEVELEV

The magnitude of realised losses on-chain this week has eclipsed all previous capitulation events, including March 2020, Nov 2018 and the sell-off that ended the last bull market in Jan-Feb 2018 — link