Bitcoin Supply in Unrealized Loss Hits Record 10.83M BTC as Long-Term Holders Hold Firm

Key Facts

1Bitcoin supply in unrealized loss reached a record 10.83 million BTC, while long-term holders hold approximately 75% of the supply, per Glassnode data.

Amid persistent bearish pressure in the crypto market, Bitcoin supply in unrealized loss hit a new record of 10.83 million BTC, according to Glassnode on-chain data. This represents the highest-ever count of coins held by addresses with an average purchase price above the current spot price. Long-term holders (holding for over 155 days) control roughly 75% of the circulating supply, providing a key support layer despite the unrealized losses.

The record metric underscores the severity of the current Bitcoin correction, but the 75% dominance of long-term holders reflects strong conviction and reduces the likelihood of panic selling. Historically, high levels of unrealized loss have coincided with market bottoms, though they do not guarantee an immediate reversal.

Traders are watching macro catalysts this week, including a speech by Fed Governor Waller and Canadian inflation data, which could sway risk appetite globally. With no major crypto-specific economic events on the calendar, attention remains on regulatory developments and long-term holder behavior.

4 months ago

Version History

Version 117 days ago

What changed: Correction: an out-of-date price that the story presented as current was removed; it did not reflect the market when the story was published.