Long term holders of Bitcoin have unrealized a loss rate of 15.5%

At a Bitcoin price of $69500, the relative unrealized loss rate for long-term holders is 15.5%, which means approximately $0.15 of every $1 in assets is unrealized loss. In extreme cases of historical cycles, this ratio has exceeded $0.5. Although there is pressure at present, there is still a gap between the pain level and the historical cycle low point. （glassnode）