- The decline in selling pressure on Bitcoin indicates the market may be reaching its lows — Crypto Quant:

The decreasing realized losses for Bitcoin suggest that panicked sellers have already exited the market, making the asset closer to its market bottom.
Total recent realized losses amounted to 234,000 Bitcoin, significantly less than the 400,000 Bitcoin recorded during the first major sell-off in 2026, despite similar price levels.
Bitcoin still faces high selling pressures, but has not yet reached the peaks seen during previous capitulation events.

Bitcoin (BTC) may be approaching the final stages of its current correction as selling pressure wanes, according to a report from CryptoQuant released Thursday.

The report indicated that the current phase of realized losses differs greatly from the first major sell-off earlier this year. Data suggests that many panicked sellers may have already exited the market.

CryptoQuant’s 30-day realized profit/loss index shows that the latest wave of realized losses reached approximately 234,000 Bitcoin. This figure is much lower than the roughly 400,000 Bitcoin recorded during the initial decline earlier this year, despite Bitcoin trading at nearly similar price levels.

30-day realized profit/loss for Bitcoin. Source: CryptoQuant
Analyst Moreno De V from Crypto Quant wrote: "This indicates that the marginal seller volume is weakening. A large part of the panic-driven supply may have already exited during the initial drop."
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