Bitcoin Capitulation Spike Signals Bottom May Be Near: Here is Why

According to a tweet from Michaël van de Poppe, Bitcoin is currently experiencing one of the largest realized loss events in its history. The chart he shared represents the total USD value of losses being realized when Bitcoin holders sell their coins below their purchase price. source: https://www.ethnews.com/bitcoin-capitulation-spike-signals-bottom-may-be-near-here-is-why/