Data: In this round of panic selling, BTC new investors lost 100 million US dollars within 6 weeks

ChainCatcher reports that according to Cointelegraph, new Bitcoin investors have lost over $100 million due to panic selling within just 6 weeks.

Cointelegraph cites data from the on-chain analysis platform CryptoQuant, indicating that short-term holders (STH) of Bitcoin for 1-3 months bore the brunt of the bull market correction, with many unable to hold on. These investors (defined as those who purchased no more than 6 months ago) have suffered losses of about $100 million.