Overview
- Glassnode data shows wallets holding 100–10,000 BTC realized $30.9 billion in losses in Q1 2026, averaging $337 million per day.
- Realized loss counts value surrendered when coins move at prices below what those holders originally paid, which signals selling under pressure.
- After a near $1.6 billion single‑day spike in early February, losses eased into a $200–$600 million daily band as Bitcoin steadied between $65,000 and $75,000.
- Sharks averaged $188.5 million in daily losses and whales $147.5 million, underscoring that big, often institutional, holders drove much of the selling.
- Glassnode says the seven‑day average of realized losses for these cohorts still tops $200 million per day, a capitulation pattern that has sometimes come before market bottoms.