Bitcoin (BTC) traders with holdings between 100 and 10,000 BTC reported average realized losses of $337 million per day in Q1 2026, marking the worst quarter since 2022, according to Glassnode. This downturn is primarily driven by significant sell-offs from both whales and sharks, with combined losses reaching approximately $30.91 billion this year. The trend of long-term holders selling at a loss indicates potential capitulation, raising concerns about further price declines.
The current financial landscape for Bitcoin is precarious, as macroeconomic pressures—including inflation fears stemming from geopolitical tensions and broader market stress—have contributed to the sell-off. Historical patterns suggest that such significant losses often precede deeper corrections, reminiscent of the severe downturns seen in 2022. Analysts are closely monitoring the Long-Term Holder Realized Loss chart, which remains elevated, signaling that selling pressure could continue until a substantial cooldown occurs.
Market professionals should be wary of the implications of these realized losses, as they suggest a heightened risk of a bear market reminiscent of 2022, with potential price targets indicating a bottom around the $40,000–$50,000 range.
Source: cointelegraph.com