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🚨 BITCOIN LONG-TERM HOLDERS ARE STILL NOT PANICKING.
New Glassnode data shows Long-Term Holder unrealized losses peaked at just 15% during the recent correction.
In previous deep bear markets, this metric went above 75%.
That means the recent drop, while painful, still has not created the kind of stress or capitulation seen at major cycle bottoms.
Most long-term holders are still holding their positions instead of panic selling.
So far, conviction in this cycle remains much stronger than previous bear markets.