hodler

2 Jun 2026, 12:40

Glassnode Data Shows Bitcoin Long-Term Holder Losses Still Far From Historic Bottoms

BitcoinWorld Glassnode Data Shows Bitcoin Long-Term Holder Losses Still Far From Historic Bottoms New data from on-chain analytics firm Glassnode reveals that Bitcoin long-term holders are currently sitting on an unrealized loss of approximately 15.5% of their portfolio value. While significant, this figure remains well below the extreme pain levels observed at previous market cycle bottoms, suggesting the current bear phase may have further to run. Unrealized Losses: A Key Market Signal Glassnode’s Relative Unrealized Loss metric measures the proportion of paper losses held by investors who have held their Bitcoin for at least 155 days. At 15.5%, long-term holders are currently shouldering an unrealized loss of about 15.5 cents for every dollar of their portfolio’s value. In past extreme bear cycles, this figure has exceeded 50 cents per dollar—a 50% loss—when the market reached a definitive bottom. The current reading indicates that, while sentiment is clearly negative, the market has not yet reached the capitulation levels seen in prior downturns. What This Means for the Market Cycle The data provides a sobering counterpoint to narratives that the worst of the sell-off is over. Historically, Bitcoin bear markets have ended only when long-term holders were willing to absorb losses exceeding 50% of their holdings, often accompanied by a period of prolonged sideways price action. The current 15.5% level suggests that either the market has not yet fully priced in the macro headwinds, or that this cycle is structurally different from previous ones. Analysts caution that while the metric is a useful historical reference, it should not be used in isolation to predict exact price bottoms. Why This Matters for Investors For retail and institutional investors alike, the Glassnode data serves as a reality check. The relatively low unrealized loss among long-term holders implies that many are still unwilling to sell at a loss, which can delay the final washout phase that typically resets the market. This dynamic can lead to a prolonged period of low volatility and gradual price erosion, rather than a sharp capitulation event. Understanding where we are in the cycle relative to historical extremes helps investors set realistic expectations and avoid premature calls of a market bottom. Conclusion Glassnode’s latest on-chain analysis highlights that Bitcoin long-term holders, while under pressure, are not yet experiencing the severe losses that have marked previous cycle bottoms. The 15.5% unrealized loss figure is a valuable data point for assessing market health, but it also underscores that the current bear cycle may still have room to develop. Investors should continue to monitor on-chain metrics alongside broader macroeconomic factors for a more complete picture. FAQs Q1: What is the Relative Unrealized Loss metric? A: It is an on-chain metric developed by Glassnode that measures the proportion of paper losses held by Bitcoin long-term holders relative to the total value of their portfolio. It helps gauge the level of financial stress among experienced investors. Q2: Why is the 15.5% figure significant? A: Historically, Bitcoin bear markets have ended only when this metric exceeded 50%, indicating extreme financial pain. The current reading of 15.5% suggests the market is still far from that capitulation point. Q3: Does this mean Bitcoin prices will fall further? A: Not necessarily. While the data suggests the market has not yet reached historical bottom conditions, it is only one indicator. Other factors, such as macroeconomic shifts, regulatory changes, or adoption trends, could alter the cycle’s trajectory. This post Glassnode Data Shows Bitcoin Long-Term Holder Losses Still Far From Historic Bottoms first appeared on BitcoinWorld .

2 Jun 2026, 12:38

Live markets: bitcoin's plunge continues, putting February $60,000 low back in play

Google overnight set an $80 billion capital raise, including $10 billion from Berkshire Hathaway, reflecting the continuing flood of money headed into AI (and not crypto).

2 Jun 2026, 12:36

Ripple’s David Schwartz reveals he was never an official founder! What detail left $XRP investors surprised?

🟢 Ripple’s CTO Emeritus David Schwartz confirms he was never an official founder.Schwartz says his XRP payment came long after Ripple’s early days.📚 The founding of $XRP Ledger and the company Ripple have always been separate stories. Continue Reading: Ripple’s David Schwartz reveals he was never an official founder! What detail left $XRP investors surprised? The post Ripple’s David Schwartz reveals he was never an official founder! What detail left $XRP investors surprised? appeared first on COINTURK NEWS .

2 Jun 2026, 12:35

Capital B seeks $122B funding mandate to buy more Bitcoin

Capital B is asking shareholders to approve up to $122 billion in capital-raising authority to accelerate its Bitcoin treasury strategy.

2 Jun 2026, 12:35

Stellar CEO says Clarity Act would help, but tokenization isn't dependent on it

DTCC’s decision to connect its tokenized securities platform to Stellar marks a new phase of institutional adoption for public blockchains.

2 Jun 2026, 12:30

Bitcoin Could Benefit From A Global Debt Reckoning, Bitwise Argues

Bitwise is looking past Bitcoin’s recent slide and toward a much larger pressure point: close to $30 trillion in global debt that needs refinancing in 2026. The firm said higher Japanese government bond yields and a warning from the IMF about waning demand for government debt could push markets into a tighter corner, a setup Bitwise believes may eventually favor Bitcoin. Debt Pressure Returns To Center Stage According to Bitwise, that kind of stress could matter if central banks answer with fresh liquidity. The firm framed Bitcoin as an asset that sits outside government balance sheets and does not depend on a central issuer, which gives it a different role when sovereign borrowing becomes harder to manage. The report also linked Bitcoin’s appeal to real interest rates. Bitwise said the asset has tended to do better when real yields fall, and that a mix of sticky inflation and a pause from the Federal Reserve could help set that up. Bitcoin’s May rally lost steam after a sharp run above $80,000. It briefly reached about $83,000, then slipped back toward $70,000 after ETF outflows gathered pace and sentiment cooled. Bitcoin recovered above $80k in May 2026 before stalling at the $80k–$85k bull-bear threshold and subsequently falling to $72k. ETP outflows, sovereign bond stress, and record hodling defined the month. Read the full edition of our latest Bitcoin Macro Investor below. pic.twitter.com/oM5ctCIVxW — Bitwise in Europe (@Bitwise_Europe) June 1, 2026 A Tough Range For Traders Bitwise said the move higher was helped by a short squeeze, stronger on-chain signals, and about $166.5 million in net inflows into Bitcoin ETPs. Long-term holders also added about 125,000 BTC during the prior month, which gave the rally some support. That picture changed fast. Global Bitcoin ETPs saw more than $1 billion in net outflows, and the firm said that pressure knocked confidence lower as Bitcoin failed to clear the $80,000 to $85,000 band. Bitwise called that zone the market’s main dividing line. It said price action around that range will keep shaping whether traders view the market as healthy or fragile. Holding Patterns Keep Tightening Supply Even with weaker demand, Bitwise said the supply side is moving in a tighter direction. Long-term investors now hold a record 14.85 million BTC, or about 73% of the circulating supply. The firm added that 60% of Bitcoin has not moved in more than a year, 48.5% for more than two years, 42.8% for more than three years, and 33% for at least five years. That kind of inactivity, Bitwise said, is squeezing available supply while buyers have been slower to return. The report also argued that Bitcoin still looks cheap beside major US tech stocks. It said Bitcoin’s MVRV ratio sits below its long-run average, while the Nasdaq 100’s price-to-book reading is near record highs. Price Levels Still Matter Bitwise pointed to $78,000 to $80,000 as the key area to watch, with $83,000 to $85,000 marked as the first major ceiling. It listed $73,000 as important support and $95,000 as the next upside target. At the time of writing, Bitcoin was trading at $69,460, down 4.7% in the last 24 hours, data from Coingecko shows. Featured image from FXStreet, chart from TradingView