INSTITUTIONAL $BTC LOSSES DEEPEN ⚠️
Lookonchain data shows several large institutional treasury positions remain deeply underwater after the latest market drawdown, with unrealized losses running into the billions. The pressure is concentrated across major spot holdings, reinforcing that size does not remove mark-to-market risk.
Strategy reportedly carries the largest unrealized loss, while Bitmine and SharpLink remain exposed through $ETH positions. Forward Industries also shows a significant drawdown on its $SOL allocation. For traders, the key signal is liquidity stress, not panic: forced selling risk rises when large holders face prolonged underwater exposure.
Not financial advice. Manage your risk.
#Crypto #Bitcoin #Ethereum #Altcoins #OnChain
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