Data: Bitcoin whales and sharks lost over $300 million on average daily in Q1, with total realized losses exceeding $30.9 billion for the year.

MeNews · 2026-04-06T14:27:48+00:00

ME News Report, April 4 (UTC+8): On-chain data from Glassnode shows that in Q1 2026, "sharks" holding 100–1,000 BTC and "whales" holding 1,000–10,000 BTC experienced average daily losses of approximately $188.5 million and $147.5 million, respectively, totaling about $337 million. The accumulated losses for the year have reached as high as $30.9 billion, approaching the levels seen during the 2022 bear market. Analysis indicates that current selling pressure is driven by rising macro risks (such as inflation expectations and AI trading congestion) and weakening market confidence. Large holders are accelerating stop-loss sales. Meanwhile, long-term holders (LTH) continue to realize an average daily loss of around $200 million, suggesting that the market has not yet experienced a significant "sell-off exhaustion." Institutions believe that under multiple pressures, Bitcoin still faces further downside risk, with some analysts estimating the potential bottom range could be around $40k.

MeNews

2026-04-06 14:27:48

ME News message, April 4 (UTC+8). According to glassnode on-chain data, in Q1 2026, the “sharks” holding 100–1,000 bitcoins and the “giant whales” holding 1,000–10,000 bitcoins recorded daily realized losses of approximately 188.5 million and 147.5 million USD, respectively, totaling approximately 337 million USD. In the year to date, the cumulative locked-in loss amount has reached as high as 30.9 billion USD, nearing the level of the 2022 bear market. Analysts note that current selling pressure is driven by rising macro risks (inflation expectations, AI trading congestion, etc.) and weakening market confidence, as large holders are accelerating stop-losses and exiting the market. At the same time, the daily realized losses of long-term holders (LTH) are still maintained at around 200 million USD, indicating that the market has not yet shown any clear “selling-pressure exhaustion.” Institutions believe that under multiple pressures, Bitcoin still faces further downside risk, and some views expect the potential bottom range to be in the $40,000 to $50,000 area. (Source: PANews)

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