Bitcoin Accumulation Weakens as BTC Realized Losses Hit $600M
Cointelegraph
Bitcoin is seeing a shift from accumulation to distribution as realized losses spiked to over $600 million following a recent price drop.Summary
Bitcoin has faced significant selling pressure as wallet holders transition from accumulation to distribution, evidenced by a drop in whale absorption rates to historic lows. As prices retreated to $76,000, daily realized losses surged to over $616 million, marking the highest level since March. Analysts note that this behavior, characterized by large holders selling into market strength, mirrors patterns that previously preceded significant price corrections.
(Source：Cointelegraph)