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Glassnode: BTC long-term holders' conviction remains much stronger than in past bear markets, with unrealized loss peaks at only 15%
Mars Finance News, Glassnode data shows that the proportion of long-term Bitcoin holders (LTH) with unrealized losses reached a peak of 15% in early April, whereas during previous deep bear markets, this indicator exceeded 75%. This suggests that despite recent significant pullbacks in Bitcoin, the pressure on long-term holders is only a small fraction of the lows seen in historical cycles, and their conviction in holding has not been tested to the same extent.