Data: The amount of Bitcoin held at a loss by short-term holders has risen to its highest level since the FTX crash.

According to Glassnode data, short-term Bitcoin holders (those who have held their Bitcoin for less than 155 days) currently hold a total of 2.8 million Bitcoins, almost all of which are now at a loss. This loss is the largest since the FTX crash in November 2022, when Bitcoin was trading at nearly $15,000 per coin.