‏🚨 Short-term Bitcoin holders are under pressure!

Since October 30, ‎$BTC is trading below the $104,000 level — which is the average cost for short-term holders, meaning new buyers are facing unrealized losses.

The most concerning:

Short-term holders are selling at realized losses averaging -12.6%, a clear indication of active capitulation in the market.

Historically, these stages often precede significant trend reversals… but volatility remains high. 👀📉

Source: ‎@cryptoquant_com

$BTC

BTCUSDT

Perp

87,020.9

-0.75%