Bitcoin Sharks & Whales Capitulate: Realized Loss Exceeds $200M

On-chain data shows the large Bitcoin holders have been participating in a notable amount of loss realization recently, a sign of capitulation. Bitcoin Sharks & Whales See High Values On Realized Loss Metric In a new post on X, on-chain analytics firm Glassnode has talked about the latest trend in the Bitcoin Realized Loss for the sharks and whales. The “Realized Loss” here refers to an indicator that measures, as its name suggests, the total amount of loss that BTC holders are realizing through their transactions. Related Reading: Ethereum Drops Nearly 5% As Familiar Leverage Setup Plays Out In the context of the current topic, the version of the metric that’s of relevance is the one tracking the transfers related to two specific investor cohorts: the sharks and whales. These groups cover the 100 to 1,000 BTC and 1,000 to 10,000 BTC ranges, respectively. As such, the only investors who would qualify for the sharks and whales would be the big-money hands. Recently