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Data: The amount of losses among Bitcoin long-term holders is approaching the peak of the bear market.

MeNews
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ME News reports that on May 20 (UTC+8), on-chain analyst Darkfost stated that the loss supply of Bitcoin long-term holders (LTH) has reached 5.7 million coins, comparable to the bear market peaks of 5.96 million in 2015, 5.8 million in 2019, and 6.8 million in 2022. Nonetheless, the current BTC price has fallen about 52% from its all-time high, far less than previous bear market declines, indicating that losses are concentrated among younger LTH cohorts, likely stemming from heavy trading in the $80k-$125k range. (Source: ChainCatcher)
BTC-4.43%
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