Yello, ParadiseClub Members! 😎 Have you been tracking the recent tremors shaking up the Bitcoin market? Here’s the lowdown on the major sell-off:

💎In the past 30 days, a significant volume of Bitcoin sold was initially purchased back in December 2023 at around $41K. However, a more pressing concern is the coins bought at $64K, which are now being offloaded at a loss due to their current market performance. With the average age of these coins at about 140 days, it’s clear that recent market entrants are feeling the heat and deciding to cut their losses.

💎From the perspective of our ParadiseTeam Professional Traders: This recent wave of sell-offs has not gone unnoticed. It’s driven a substantial amount of panic among investors, culminating in approximately $1.38 billion in realized losses. To put this into perspective, this frenzy ranks as the 13th largest financial shock in the history of Bitcoin, when measured in U.S. dollars. For holders, it might be a time to reassess your threshold for volatility and possibly brace for further fluctuations.

Stay focused, patient, and disciplined Paradisers🥂

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