Unrealized Losses held within the Bitcoin network are currentl | 𝗔𝗥𝗧𝗘𝗠 𝗖𝗥𝗬𝗣𝗧𝗢 | ARSHEVELEV

Unrealized Losses held within the Bitcoin network are currently equivalent to 16% of the current Market Cap. This is at a similar magnitude to historical bear markets, however is slightly less severe than at the 2015 and 2018 lows — link