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 · 2026-04-05T15:16:48+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

2026-04-05 15:16:48

ME News message: On April 4 (UTC+8), glassnode on-chain data shows that in Q1 2026, the “sharks” holding 100–1,000 BTC and the “giant whales” holding 1,000–10,000 BTC each recorded daily realized losses of approximately $188.5 million and $147.5 million, respectively, totaling about $337 million. Year-to-date, the cumulative losses already locked in have reached as high as $30.9 billion, nearing the level of the 2022 bear market. Analysts point out that the current selling pressure is coming from rising macro risks (inflation expectations, AI trading crowding, etc.) and weakening market confidence, as large holders are accelerating stop-loss actions and exiting. Meanwhile, long-term holders (LTHs) still maintain daily realized losses at around $200 million, indicating that there has not yet been any clear “sell-pressure exhaustion.” Institutions believe that under multiple pressures, Bitcoin still faces further downside risk, and some views expect that the potential bottom range may be between $40k and $50k. (Source: PANews)

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