@stewbits22 7 December 2021 more from that month

This chart shows that 3 billion dollars of losses were made by traders during last weeks market crash. This is the 3rd biggest loss recorded this year. The average coin dormancy chart which charts how old the coins are that were sold at a loss were bought recently. The conclusion is that this price correction was caused by new traders who bought the highs and then were forced to sell at a loss but long term holders held on and even accumulated slightly. This tells me that this is not a bearish move but another step forward in climbing higher.