Record Pain: Bitcoin Investors Suffer $4.5B Loss, Most In 3 Years
Reports note that Bitcoin holders realized large losses as prices slid, and the headline number is hard to ignore. According to on-chain tracker CryptoQuant, about $4.5 billion in net losses Whale addresses appeared to step in at times, helping to hold local price floors. But many traders remain cautious. Reports note that geopolitical headlines can cause quick swings, yet the current movement looks more like slow digestion of profit and repositioning than explosive panic selling. Activity on spot exchanges and ETF flows has been variable, reflecting the mixed mood across the market.Related Reading
Capitulation Has Come Before
Similar loss spikes were seen in March 2023, when realized losses reached close to $6 billion, and in November 2022, when losses hit roughly $4.3 billion.
These events were followed by consolidation and then eventual recovery. Based on reports from analytics firms and market observers, spikes in realized losses can mark the late stages of selling pressure, after which the market sometimes finds a base.
Featured image from Pexel, chart from TradingView
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