Bitcoin Long-Term Holders’ Unrealized Losses Rise to 15%, Still Well Below Past Bear Markets
Minseung Kang
Summary
- Bitcoin long-term holders’ unrealized loss rate rose to about 15%%.
- That was still relatively low compared with past major bear markets, when long-term holders’ unrealized loss rate exceeded 75%%.
- Despite Bitcoin’s recent pullback, selling pressure from long-term investors remains limited.
Forecast Trend Report by Period
Bitcoin long-term holders’ unrealized losses remain relatively limited compared with past bear markets, according to an analysis.
Cointelegraph reported on May 12, citing Glassnode data shared on X, that unrealized losses among Bitcoin long-term holders had risen to about 15% as of last month.
That is still low relative to levels seen in deeper bear markets.
During major past bear markets, unrealized losses for long-term holders often exceeded 75%, Cointelegraph reported.
The figures suggest that despite Bitcoin’s recent pullback, selling pressure from long-term investors remains limited.
Minseung Kang
minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.
