Data: Bitcoin whales and sharks lost over $300 million on average daily in Q1, with total realized losses exceeding $30.9 billion for the year.

MeNews · 2026-04-05T14:40:48+00:00

ME News Report, April 4 (UTC+8): On-chain data from Glassnode shows that in Q1 2026, "sharks" holding 100–1,000 BTC and "whales" holding 1,000–10,000 BTC experienced average daily losses of approximately $188.5 million and $147.5 million, respectively, totaling about $337 million. The accumulated losses for the year have reached as high as $30.9 billion, approaching the levels seen during the 2022 bear market. Analysis indicates that current selling pressure is driven by rising macro risks (such as inflation expectations and AI trading congestion) and weakening market confidence. Large holders are accelerating stop-loss sales. Meanwhile, long-term holders (LTH) continue to realize an average daily loss of around $200 million, suggesting that the market has not yet experienced a significant "sell-off exhaustion." Institutions believe that under multiple pressures, Bitcoin still faces further downside risk, with some analysts estimating the potential bottom range could be around $40k.

MeNews

2026-04-05 14:40:48

ME News message: On April 4 (UTC+8), according to on-chain data from Glassnode, “sharks” holding 100–1,000 BTC and “whale” holders of 1,000–10,000 BTC posted daily realized losses of approximately $188.5 million and $147.5 million, respectively, in Q1 2026. Combined, this is about $337 million. The year-to-date cumulative realized losses are as high as $30.9 billion, nearing the level of the 2022 bear market. Analysts point out that the current selling pressure is coming from rising macro risks (inflation expectations, AI trading crowding, etc.) and weakening market confidence, with large holders accelerating stop-loss exits. Meanwhile, the daily realized losses for long-term holders (LTH) are still maintained at around the $200 million level, indicating that there has not been a clear “selling-pressure exhaustion” in the market. Institutions believe that, under multiple pressures, Bitcoin still faces further downside risk; some views expect that the potential bottom range may be between $40k and $50k. (Source: PANews)

BTC0.29%

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.