📣 Did You Know 🙋🏻‍♂️

🔹 By the time FTX collapsed in Nov 2022, over 123M BTC had transacted at a loss since the April 2021 peak (where we believe bear market sentiment had truly set in).

🟠 2011-2012: 56.2M BTC
🔴 2013-2015: 98M BTC
🔵 2018-2019: 88.5M BTC
🟢 2019-2020: 42.8M BTC
🌑 2021-2023: 136.2M BTC