Amid the wave of market volatility and pullback in the price of Bitcoin, key on-chain data shows that short-term BTC investors are taking a hit. Specifically, this negative development is being unveiled by the Bitcoin Realized Profit/Loss (RPL) ratio for short-term holders.
Darkfost highlighted that the trend is precisely what has been observed throughout this cycle. Furthermore, the expert noted that the trend is the final phase of the ongoing correction. This narrative stands as long as there are sporadic, brief spikes in volatility during the generally upward trend.
