Bitcoin's Biggest Realized Loss in History Sparks Market Bottom Signals

Last week's market crash resulted in the largest realized loss ever recorded for Bitcoin (BTC), according to on-chain data. This significant capital outflow, where coins were sold at prices lower than their purchase price, has historically been a precursor to major market bottoms. Analysts are now observing growing signals that suggest the sell-off may be exhausting, potentially setting the stage for a new accumulation phase. While the short-term sentiment remains cautious, the scale of the realized loss is being interpreted by some as a classic capitulation event, often seen before a trend reversal in the cryptocurrency market.