STH Losses Collapse 99%, Meaning Bitcoin's Capitulation Phase Is Over
Bitcoin has issued one of its clearest post-capitulation signals on Binance. After two massive panic events on November 24 and 26, where 19,233 $BTC ($1.6 billion) in losses hit the exchange, short-term holders have completely stopped selling at a loss.
Over the past five days, loss inflows fell from 8,674 BTC to 0.002 BTC, a 99.99% drop.
That final number? Just $211 in total losses, compared to nearly $1 billion six days earlier.
This is what exhausted selling looks like.
Short-term holders (≤155 days), the most reactive cohort, have fully capitulated. When they stop panic-selling despite volatility, it signals:
-> Weak hands flushed
-> Sell pressure evaporating
-> Cost basis reset
-> Smart money accumulation underneath
USD data confirms it: average daily losses fell 22% week-over-week, and 5 of the last 7 days saw losses below 1 BTC.
With Bitcoin stabilizing near $90,000 after the $84,000 flush, surviving STHs now hold stronger positions, creating conviction rather than fear.
This is the setup that often precedes sustained upside. The marginal seller has disappeared. #BTC #CryptoMarket $ETHW $BNB
