BEARISH 📉 : Bitcoin’s $2.3 Billion Losses Highlight Major Market Capitulation

The recent decline in Bitcoin's price has led to significant losses for short-term holders, as reported by CryptoQuant. The seven-day average of realized net losses reached approximately $2.3 billion, marking one of the largest loss events in Bitcoin’s history.

Key Points

Bitcoin's price dropped sharply from a peak near $126,000 to about $60,000, with current levels around $66,600.
On-chain indicators suggest rising losses over gains, indicating deep capitulation where more holders are selling than buying.
Analysts predict continued market pressure, potentially lasting months before stabilization.
CryptoQuant's “realized price” measure sits near $55,000, historically linked to the end of major sell-offs and the start of consolidation.

Market Outlook

Short-term: Expect volatility with potential sharp rallies and further realized losses as investors exit positions.
Long-term: Stability may return if institutional demand increases or large holders cease selling.