Sellers are Pressing: STH Underwater, Network Realizes Losses episode artwork

EPISODE · May 22, 2026 · 11 MIN

Sellers are Pressing: STH Underwater, Network Realizes Losses

from Adler AM: Bitcoin Morning Brief · host Axel Adler Jr.

May 2026 has put short-term holders in a vulnerable position: BTC is trading below their aggregate cost basis, while Net Realized P/L has moved into negative territory for the first time in a month.

Episode metadata supplied by the publisher feed · Published May 22, 2026

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Sellers are Pressing: STH Underwater, Network Realizes Losses

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