🔎 INSIGHT: 7M+ BTC NOW UNDERWATER AS UNREALIZED LOSSES SPIKE
Over 7 MILLION BTC — nearly 33% of total supply — are now below breakeven, with unrealized losses climbing to cycle highs.$SOL
🧠 What the data shows:
• ~7M BTC held at a loss
• Represents ~33% of all BTC
• Unrealized losses at cycle peak levels
📌 Key signals:$ZBT
• Many holders bought at higher price levels
• Selling pressure hasn’t fully materialized
• Long-term holders still largely holding firm
⚖️ Why this matters:
• High unrealized losses often mark late-stage pullbacks
• Historically aligns with capitulation zones or base formation
• Sets the stage for supply tightening once weak hands exit
$LINK 🌐 Big picture:
Pain is rising — but markets often bottom when losses peak, not when optimism is high.
📊 Takeaway:
33% underwater.
Pressure is on — and inflection risk is building.
