Read sharp crypto market analysis, expert breakdowns, and on-chain insights covering Bitcoin, Ethereum, altcoins, and macro trends.
The Bitcoin has been stale in long positions since June 2022 until they were cashed out at around 13:00 UTC on Mar. 25.
Zeynep Geylan 2 min read 
Euler Finance, BonqDAO, and CoinDeal recorded the highest losses with $196 million, $120 million, and $45 million, respectively.
Several news events may have impacted investor sentiment negatively.
European crypto startups raised a record level of funding last year and saw increased interest from U.S. investors.
7 out of 10 investors hold their crypto on centralized exchanges, while only 3 out of 10 prefer cold wallets.
Coinbase CEO Brian Armstrong sold around 90,000 shares in the last 30 days for $5.8 million, according to Dataroma data.
The spike in burns corresponds with whales moving $276 million worth of Shib off exchanges, as well as changes to Shib's roadmap.
Polkadot achieved an all-time high in development activity during Q3 of 2022, as measured by GitHub commitments.
A new report published using industry data shows that DeFi insurance claims paid out a total of $34.4 million in 2022.
