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 · 2026-04-06T06:47:48+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

2026-04-06 06:47:48

ME News message, April 4 (UTC+8), according to on-chain data from glassnode, “sharks” holding 100–1,000 BTC and “huge whales” holding 1,000–10,000 BTC in Q1 2026 recorded daily average losses of about $188.5 million and $147.5 million, respectively, for a combined total of about $337 million. The cumulative losses locked in so far this year are as high as $30.9 billion, nearing the level of the 2022 bear market. Analysts point out that the current selling pressure is driven by rising macro risks (inflation expectations, crowded AI trading, etc.) and weakening market sentiment, as large holders are accelerating stop-loss exits. Meanwhile, long-term holders (LTH) still have daily average losses at a high level of about $200 million, indicating that the market has not yet shown a clear “selling pressure exhaustion.” Institutions believe that under multiple pressures, Bitcoin still faces further downside risk, and some views expect the potential bottom range to be between $40k and $50k. (Source: PANews)

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