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glassnode: BTC long-term holders' conviction is much stronger than in historical bear markets, with unrealized loss peaks of only 15%.
ChainCatcher
May 12, 2026
#Bitcoin
BTC
-1.21%
Glassnode data shows that Bitcoin long-term holders’ (LTH) relative unrealized loss peaked at 15% in early April, whereas this metric exceeded 75% during previous deep bear markets.
This indicates that, despite Bitcoin’s recent notable pullback, the pressure on long-term holders is only a small fraction of historical cycle lows, and their conviction to hold has not been tested to the same degree.
#GateSquareMayTradingShare #AprilCPIComesInHotterAt3.8% #DailyPolymarketHotspot #DailyPolymarketHotspot