Glassnode reports whales and sharks realize over $200M daily losses

Glassnode sees capitulation in BTC. Large holders are locking in big losses.

The 7‑day SMA of realized losses for sharks and whales now tops $200M per day. Glassnode calls it “typical capitulation behaviour from larger entities.” Source: Glassnode post on loss realization.

Sharks hold 100–1,000 BTC. Whales hold 1,000–10,000 BTC. Recent spikes followed the November and February drawdowns, per the same dataset. Context: Glassnode charts and cohort definitions via NewsBTC.

The network also nears the halfway mark to the next halving. Glassnode estimates the next event in April 2028, with the midpoint at block 945,000. Source: Glassnode post on halving progress.

Headline
Glassnode: Bitcoin sharks and whales book $200M+ daily losses; network nears halving halfway point