Bitcoin short-term holders have been selling their assets at a loss at a rate not seen since the FTX collapse.
Realized losses of Bitcoin traders have reached levels last seen in the FTX crash and are higher than the losses recorded during the 2024 price pullback.
Historically, significant loss realization by short-term holders preceded substantial upward price movements, especially when long-term holders continue to accumulate.
The price of Bitcoin stands at around $83,700 with no significant change in the past 24 hours.