NewsSignals AI analysis·Dow Jones Newswires·
Most Long-Term Bitcoin Holders Underwater at Current Price Levels — Market Talk
Grade Abearish AI signal$BTC
Glassnode analysts say long-term Bitcoin holders are sitting on unrealized losses, with BTC near $80,000 and roughly 4 million BTC acquired between $85,000 and $118,000.
More than half of long-term holders' coins were bought above current levels, while fading ETF demand adds pressure and smaller losses are being realized on each new dip.
A recovery toward $85,000 could trigger selling from underwater holders seeking to break even, potentially limiting Bitcoin's upside.
Bullish strength: 20/100
- Each new dip is realizing smaller losses, according to Glassnode analysts.
Bearish strength: 80/100
- Roughly 4 million BTC held long-term were acquired between $85,000 and $118,000, leaving holders underwater near $80,000.
- More than half of long-term holders' coins were bought above the current price level.
- Fading ETF demand may weaken buying support.
- A recovery toward $85,000 could trigger break-even selling by underwater holders.
This is automated NewsSignals analysis of third-party reporting, not independent original reporting or investment advice. AI scores are not price predictions.