Over 40% Of Bitcoin Supply Now Underwater As Losses Near $600 Billion

Long-term Bitcoin holders are selling at a loss —

Over 40% Of Bitcoin Supply Now Underwater As Losses Near 0 Billion

Over 40% Of Bitcoin Supply Now Underwater As Losses Near $600 Billion

Long-term Bitcoin holders are selling at a loss — and the numbers show it’s becoming a pattern, not an anomaly.

BTC Coinbase Premium Index. Source: CryptoQuant
Bitcoin trading at $66,830 on the 24-hour chart: TradingView
Bitcoin total supply in loss. Source: Glassnode
Bitcoin long-term holder realized loss. Source: Glassnode

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Long-Term Holders Begin To Crack

Perhaps the sharpest signal in the data involves investors who have held Bitcoin for more than 155 days. This group, typically seen as the most committed segment of the market, is now selling at a loss at an elevated rate.

Glassnode reported that realized losses among long-term holders have climbed to $200 million — a level the firm described as confirmation of active capitulation.

Featured image from Meta, chart from TradingView

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