Bitcoin Traders Face Peak Losses as ETF Optimism Rises

Short-term Bitcoin traders are facing their deepest losses yet, potentially nearing a turning point in the market cycle. Analysts suggest these traders, holding BTC for one to three months, have suffered losses of 20% to 25%, marking a record high in this bull run. This comes as many Bitcoin price fluctuations are driven by larger institutional investments and DeFi growth. CryptoQuant analyst Darkfrost believes that once a significant portion of short-term traders capitulate, it creates an opportunity for long-term investors to capitalize.