[Glassnode: Realized BTC Losses Surge to Highest Level Since FTX Collapse] BlockBeats News, November 21, Glassnode stated that realized losses in Bitcoin have surged to the highest level since the FTX collapse, with short-term holders being the primary driving force behind this capitulation-style sell-off. The scale and speed of liquidations during the downturn reflect a significant reduction in marginal demand, as recent buyers are closing positions and exiting the market.