Bitcoin hit a brutal milestone: 10.83 million BTC are now held at a loss as the price dropped below $59,100. That blows past every previous bear market bottom — even the 2022 capitulation.
Long-term holders are sitting on 5.58 million BTC in unrealized losses, the second-highest level since March 2020. But here is the twist: these same investors now control 14.8 million BTC — 75% of the entire circulating supply.
The 2019 and 2022 bottoms saw roughly 10.5 million BTC in loss. We have cleared that threshold. Exchange volumes fell 3.45% to $4.41 trillion, the lowest since September 2024.
What does this mean for the next move? Historically, record loss levels have preceded major reversals. But this cycle is different — institutions hold more and retail is sidelined.
Is 10.8 million BTC in loss a bottom signal or a trap? Drop your take below. 👇
$BTC $ETH $SOL
#Bitcoin #CryptoMarkets #SupplyInLoss #Crypto
Long-term holders are sitting on 5.58 million BTC in unrealized losses, the second-highest level since March 2020. But here is the twist: these same investors now control 14.8 million BTC — 75% of the entire circulating supply.
The 2019 and 2022 bottoms saw roughly 10.5 million BTC in loss. We have cleared that threshold. Exchange volumes fell 3.45% to $4.41 trillion, the lowest since September 2024.
What does this mean for the next move? Historically, record loss levels have preceded major reversals. But this cycle is different — institutions hold more and retail is sidelined.
Is 10.8 million BTC in loss a bottom signal or a trap? Drop your take below. 👇
$BTC $ETH $SOL
#Bitcoin #CryptoMarkets #SupplyInLoss #Crypto