Bitcoin’s Pain: A Tale of Lost Fortunes 💸

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It was a time of much striving, a frenzy of speculation regarding this…Bitcoin. And now, as often happens when men chase illusions, a reckoning has come. The price, having swelled to a vulgar height, has begun its inevitable descent, leaving in its wake a great deal of sorrow and regret.

Indeed, this Bitcoin, which promised riches beyond measure, has shed nearly a third of its former glory since reaching its peak in the month of October. Now languishing near the eighty thousand mark, it recalls the fate of countless ventures built upon the shifting sands of human hope. One cannot but observe, with a certain detached amusement, the scale of the disillusionment.

More Than Seventy Percent now Lament their Investment

And lo, according to those who meticulously track these digital glimmerings – the Checkonchain, as they are called – more than seventy percent of the funds entrusted to Bitcoin now lie submerged beneath the waves of loss. A most lamentable state of affairs!

This analyst, one James Check, informs us that the typical investor acquired these coins at a price of no less than eighty-six thousand, five hundred units of currency. A considerable sum, to be sure, and now, for many, merely a phantom of past expectations. 😖

This chart, so they say, reveals the true cost of each coin, the price at which it last changed hands. It is, in essence, a record of the market’s collective folly. Over seventy percent, they declare, now find themselves beneath the waterline.

– _Checkmate 🟠🔑⚡☢️🛢️ (@_Checkmatey_) November 21, 2025

Thus, it is that a multitude who entered this game during the height of the excitement now find themselves, as the saying goes, holding the bag. A most unenviable position, indeed. One cannot help but inquire, were they not warned of the inherent precariousness of such pursuits?

Those who bought recently, swept up in the fervor, are experiencing the greatest discomfort. Their hopes, so brightly burning, are now reduced to flickering embers. The very notion of profit has faded, replaced by the grim reality of loss. Oh, the vanity of human desire! 🙄

The Market’s Mood: Dark as a Winter Night

And the spirits of the traders? They are, it appears, at a low ebb. The Glassnode, another group devoted to the study of these matters, report that the ‘Relative Unrealized Loss’ indicator has risen to a concerning eight and a half percent. A number that speaks volumes about the prevailing discontent.

This indicator, they claim, reveals the proportion of coins held at a loss compared to the total. In healthier times, this number is kept modestly low. But now… now it is a sign of distress.

– glassnode (@glassnode) November 21, 2025

This decline, they assure us, is not merely a passing fluctuation, but a significant correction. A purging, if you will, of the less resolute from the ranks of Bitcoin believers.

Though the price has briefly rallied – a mere twitch in the face of such adversity – the damage to the public’s sentiment is profound. On the social networks, one finds only lamentations and recriminations.

Santiment, another body analyzing the currents of public opinion, reports that the chatter has descended to levels not seen since the depths of December 2023. Panic, it appears, has taken hold. A most undignified spectacle. 😂

Yet, as is often the case in the affairs of men, such extremes can serve as a harbinger of change. Perhaps, just perhaps, this very despair will clear the way for a more rational assessment of value. Though one should not place too much faith in such hopes. The road to recovery, one suspects, will be long and arduous. And no doubt, filled with more stories of woe and regret.

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2025-11-22 13:33