Bitcoin Long-Term Holders Realize Nearly $500 Million in Losses During Price Rebound

As Bitcoin approaches $84,000, on-chain analyst Darkfost reports that long-term investors who purchased between $63,000 and $125,000 are exiting their positions. Holders of 9 to 18 months have realized losses totaling nearly $500 million, with $246 million from those holding over 9 months and $233 million from those holding over a year. The analyst suggests this shift of assets from weak to strong hands is more significant than in previous bear markets and indicates a critical turning point.