Bitcoin Short-Term Holders Face Losses as Price Dips to New Low

Short-term Bitcoin investors are experiencing significant losses, with nearly all of them holding underwater positions due to recent price declines. Market analyst Sina highlighted that the majority of short-term holders bought their Bitcoin at significantly higher levels and have now experienced unrealized losses. He observed a 18% MVRV ratio for these holders, reaching levels similar to those seen during the 2024 bear market. James Check confirmed this trend, stating that over 25% of the Bitcoin supply is currently underwater. This comes as whales continue to accumulate despite weak hands and panic selling from retail investors.