Bitcoin whales 100 to 10K $BTC are now realizing over $200M in daily losses as price stays below $70K. Long-term holders who bought near previous highs are finally selling after months of sideways movement.
Glassnode data shows this capitulation started building since Nov 2025 typical before market bottoms. Sentiment is extremely bearish right now.
Feels like a final shakeout before a reversal… or do we still have more downside ahead?