🟠 Bitcoin Whales Are Losing $200 Million Daily As Market Fear Rises

Large Bitcoin investors are absorbing significant realized losses as the flagship cryptocurrency remains trapped in a prolonged sideways slump below $70,000.

According to on-chain data from Glassnode, wallets holding between 100 and 10,000 BTC are currently realizing daily losses of over $200 million based on a 7-day moving average. These large investors are often referred to as “whales” and “sharks.”

🔸 Bitcoin Slump Forces Major Holders Into Deep Losses

Notably, this pain is particularly acute among “Long-Term Holders.” This represents investors who acquired their coins more than six months ago near the peak of the previous rally.

💬 The big hands are bleeding.With price contracting from ATH, Sharks & Whales (0.1K–10K BTC) are realizing losses at scale. The 7D-SMA of realized loss is now at >$200M/day.Typical capitulation behaviour from larger entities. — glassnode (@glassnode) April 2, 2026

The 30-day simple moving average of Long-Term Holder Realized Losses has climbed steadily since November 2025. This upward trend confirms that veteran investors are increasingly capitulating and selling at a loss.

While this flush-out of underwater buyers is a standard feature of bear-market resolutions, Glassnode analysts note it is not yet sufficient to call a bottom.

To signal the structural exhaustion that typically precedes a new bull cycle, selling pressure will likely need to decelerate to below $25 million in daily realized losses.

However, the chances of reaching that exhaustion point quickly seem slim, as the market is currently gripped by its most bearish sentiment in months.

Blockchain analytics firm Santiment reports that fear, uncertainty, and doubt (FUD) have crept back into the community.

The firm noted that BTC is showing a ratio of just 0.81 bullish comments per bearish one amid this extended period of stagnation.

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