Bitcoin Short-Term Holders Capitulate: 30K BTC In Realized Losses Over 24 Hours

Bitcoin is once again at a turning point as the market struggles to recover from heavy selling ￰0￱ losing the $115,000 level earlier this week, BTC is now fighting to hold $110,000, a threshold that many investors see as critical for maintaining short-term ￰1￱ sharp drop has shaken confidence, with traders increasingly concerned about the possibility of a deeper correction if support ￰2￱ Reading: Aster Forms Bullish Hammer At Key Support – Reversal Setup? Market sentiment has shifted quickly from bullish optimism to caution, as volatility rises and momentum ￰3￱ broader crypto market has mirrored Bitcoin’s moves, with altcoins also suffering significant ￰4￱ phase of consolidation and retracement has left investors uncertain, unsure whether the recent dip represents a temporary pullback or the beginning of a larger corrective ￰5￱ this turbulence, top analyst Darkfost highlighted a key onchain signal: it has been another painful day for short-term holders (STHs).

Data shows that STHs realized losses of around 30,000 BTC in just one ￰6￱ many of the most recent buyers, unrealized profits have already evaporated, with some now selling at steep ￰7￱ STH Face Losses, But Market Outlook Holds Darkfost’s recent analysis highlights the mounting pressure on Bitcoin’s short-term holders (STHs). With BTC trading near $111,400, most of their unrealized profits have been nearly wiped out, leaving the newest market entrants facing realized ￰8￱ shows that STHs collectively absorbed an estimated 30,000 BTC in losses in a single day, underscoring the severity of the recent ￰9￱ traders, this has been painful, but Darkfost argues it is actually constructive for the short-term ￰10￱ explains that when STHs capitulate, it often acts as a cleansing event for the ￰11￱ leverage is flushed out, weak hands exit their positions, and the supply overhang ￰12￱ “annoying in the very, very short term,” as Darkfost puts it, such resets typically create stronger foundations for the next move ￰13￱ pattern has been observed in previous cycles, where brief periods of realized losses paved the way for sustained rallies once selling pressure ￰14￱ the macro level, conditions remain challenging as global markets digest tighter liquidity and slower economic growth.

Still, many analysts believe Bitcoin is well-positioned in the long run, particularly as institutional adoption and regulatory clarity ￰15￱ their view, current volatility may simply be part of the transition toward a healthier and more resilient market ￰16￱ Reading: Crypto Leverage Whipeout: $600M+ In BTC & ETH Longs Liquidated Price Analysis: Testing Support After Breakdown Bitcoin’s price action shows clear weakness after losing the $115K level, with the chart now testing support near $113K. The breakdown comes as the bullish momentum that fueled previous rallies fades, leaving BTC vulnerable to volatility. Currently, price trades below the 50-day moving average, signaling pressure in the short ￰17￱ 100-day SMA around $113,337 is now acting as a key support level, and its defense will be crucial to avoid a deeper ￰18￱ recent drop highlights a rejection near the $123K resistance zone, where the market failed to build sustained ￰19￱ Bitcoin manages to hold above the $113K area, consolidation could follow before another attempt at recovery.

However, a decisive move below this level risks exposing BTC to the $110K psychological level, where buyers are likely to step ￰20￱ Reading: Tron Integration Marks Next Phase Of PayPal USD’s Multi-Chain Growth – Details Momentum indicators suggest the market remains in a corrective phase rather than a full reversal, with higher lows still intact from June ￰21￱ long as BTC avoids a breakdown below $110K, the broader bullish structure remains ￰22￱ will closely watch whether Bitcoin can stabilize above its current support or whether further selling pressure from long-term holders and broader market uncertainty drags it ￰23￱ image from Dall-E, chart from TradingView