glassnode: BTC sellers continue to sell at a loss below $80,000

Foresight News reports that glassnode tweeted that BTC sellers have continued to sell at a loss below $80,000, with last week's daily net realized loss duration being the longest since mid-August. The concentrated loss selling observed in August and September corresponded to local lows; if BTC can hold above $75,000 this time, it implies that the current wave of concentrated loss selling has also occurred near a local low.