Long-term Bitcoin holders' losses have approached the peak of the bear market.

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BlockBeats News, May 20, an on-chain analyst named Darkfost posted that the current Bitcoin long-term holders (LTH) loss quantity—the loss supply—has reached 5.7 million coins, comparable to bear-market peak levels of 5.96 million in 2015, 5.8 million in 2019, and 6.8 million in 2022.

Despite this, the current BTC price is down by about 52% from its historical high, far less than prior bear-market declines, indicating that losses are mainly concentrated among the younger LTH cohort, possibly due to a large amount of trading in the $80k–$125k range.

BTC0.54%
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