Bitcoin has experienced a significant decline over the past 24 hours, leading to widespread selling and raising concerns about potential market lows. On-chain analytics firm CryptoQuant suggests this sell-off may be the largest capitulation event of 2025, with more than 79,000 BTC being sold at a loss during this period. This move echoes a similar large-scale sell-off observed in August 2024, which marked the end of a price consolidation phase before Bitcoin rallied to $100,000 by December. CryptoQuant suggests that these historical capitulation events often signal market bottoms. The current dip might present unique buying opportunities if history repeats itself, potentially leading to a trend reversal in the coming months. However, it’s important to note that this is not financial advice.