🔥 #Bitcoin Realized Loss (7DMA) has just pushed above $2.3B — one of the most significant stress readings of this cycle.
Historically, this level only appears during moments of intense panic selling or late-stage shakeouts. Realized Loss measures the total value of coins sold below their cost basis. When it spikes, it means investors are locking in losses at scale — emotion is peaking, and weaker hands are exiting.$BTC
This kind of surge typically reflects:
• Short-term holders being forced out
• Long-term participants absorbing supply
• A structural reset in ownership distribution
It’s important to understand — this isn’t automatically a bearish signal. In prior cycles, major Realized Loss spikes often marked transition zones. Not instant bottoms, but areas where the market shifts from emotional liquidation to structural rebalancing.
Capitulation phases tend to compress volatility before expansion resumes. The pain phase clears leverage, flushes fragile positioning, and transfers coins from reactive participants to stronger hands.
If historical behavior holds, this may represent pressure building — not breakdown accelerating.
At this stage, supply redistribution and capital flow matter more than short-term price candles. Professionals monitor capitulation metrics because they reveal what sentiment cannot.
When losses peak, structure quietly resets.
