Only 15% unrealized paper loss; seasoned investors remain very calm, far from the point of cutting losses.

BlockBeats reports that Glassnode indicates when Bitcoin's price is around $69,500, the proportion of long-term holders with unrealized losses is 15.5%, meaning approximately $0.155 of paper loss for every $1 of BTC held. Compared to historical extreme lows of over 50%, the current market pain is lighter, and widespread, deep capitulation selling has not yet occurred.