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Bearish

Bitcoin Supply in Loss Hits Record High of 10.83 Million BTC: Market Implications

Bitcoin Supply in Loss Hits Record High of 10.83 Million BTC: Market Implications
The amount of Bitcoin (BTC) held at a loss has surged to an all-time high of 10.83 million BTC, according to on-chain data. This metric, which tracks coins moved at a price lower than their acquisition cost, indicates significant unrealized losses among holders. The record level suggests heightened selling pressure or long-term accumulation, depending on market sentiment. Analysts view this as a potential capitulation signal, often preceding price recoveries in historical cycles. The data underscores the current bearish phase but also hints at a possible bottom formation for BTC. Investors are closely monitoring this metric for signs of a trend reversal.
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