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Bitcoin Newbies Panic Sell at Loss, While Veterans Hodl

The recent crypto market slump has triggered newbies into panic selling their coins at a loss. In comparison, crypto veterans remain unphased and committed to hold.

The differing responses were reported by Glassnode, an on-chain aggregate analytics provider. Glassnode noted,

In addition, the report showed that the on-chain aSOPR and STH-SOPR levels fell below 1.0 during the current slump. In particular, STH-SOPR measures the profit mar…

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