X @The Block

RT Naga Avan-Nomayo (@JeSuisNaga)📉 Bitcoin just logged its steepest two-week drawdown since June 2022.Billions liquidated in days. North of $100 billion of BTC sold by long-term holders since last year.But Bitwise CIO @Matt_Hougan says much of the damage may already be done.🧠 Hougan points to:• cycle-driven selling• leverage washouts• macro risk-off pressure— not the kind of systemic failures like Do Kwon's Terra and SBF's FTX seen in 2022.⚠️ Still, he cautioned that Bitcoin could still fall further, but sa ...