@velvetdawn
Panic set in as BTC broke below the STH-RP ($108,000) level.
On-chain, the realized loss (entity-adjusted) spiked to $107 million (see Chart 1). While this isn’t as high as the $126 million seen on Aug 26, it’s still significantly above the levels on Aug 25, 27, and 28. So, it’s too early to say market sentiment is easing.