Bitcoin Losses Shift to Older Cohorts, Indicating Broadening Capitulation
The post Bitcoin Losses Shift to Older Cohorts, Indicating Broadening Capitulation appeared on BitcoinEthereumNews.com.
The past few months have seen Bitcoin’s price shifts trigger a really big shift in the pattern of realized losses that affect us all. And what is that pattern? We now have a pretty solid transition from younger to older coins when it comes to shelling out and accepting realized losses. You used to be able to count on the fact that if someone was going to go out and realize a loss on their Bitcoin, it was likely going to be someone who had just acquired it. But not anymore. Seems like a lot more people are giving up. So, who exactly is giving up? Our main suspects are people who have held their coins for three to six months. The change in loss realization is quite pronounced, showing that even mid-term holders—who usually have a long-term outlook and can tolerate some amount of market volatility—are now bailing on their positions. This could be read as a sign of market weakness and an intensifying sense of uncertainty that has even experienced holders selling at a loss. The Evolution of Loss Realization Throughout 2025 In the early part of the year, the realized losses from Bitcoin sell-offs were largely coming from the younger coins. Most of these losses were coming from people who had recently bought their Bitcoin (either last month or three months ago). By February 27, for instance, when the price dropped to $86.7k, the total realized losses hit $51 million. The groups that were mostly selling were the ones that had held their Bitcoin for either one week to one month or one month to three months. They accounted for over 50% of these losses. Meanwhile, the next group up (three months to six months) was hardly selling at all and only accounted for 0.8% of those…
Filed under: News - @ April 11, 2025 5:26 am