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 · 2026-04-05T21:33:18+00:00

Data from April 4th shows that "sharks" and "whales" holding between 100 and 10,000 Bitcoins are losing approximately $337 million daily, with total losses reaching $30.9 billion year-to-date. Macroeconomic risks and weakening market confidence have led large holders to accelerate stop-loss actions. Long-term holders are still experiencing daily losses of $200 million. There are no signs of "selling pressure exhaustion" in the market, and Bitcoin faces further downside risk, with a potential bottom range between $40k and $50k.

MeNews

2026-04-05 21:33:18

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ME News message, on April 4 (UTC+8), blockchain on-chain data from glassnode shows that in Q1 2026, the “sharks” holding 100–1,000 BTC and the “giant whales” holding 1,000–10,000 BTC recorded average daily losses of approximately $188.5 million and $147.5 million, respectively, totaling about $337 million. The total realized losses locked in during the year to date are as high as $30.9 billion, nearing the level of the 2022 bear market. Analysis indicates that the current selling pressure is coming from rising macro risks (inflation expectations, crowded AI trading, etc.) and weakening market sentiment, as large holders are accelerating stop-losses and exiting. Meanwhile, the daily unrealized losses for long-term holders (LTH) are still staying at a high level of around $200 million, suggesting that the market has not yet shown any clear “sell-pressure exhaustion.” Institutions believe that under multiple pressures, Bitcoin still faces further downside risk; some views expect the potential bottom range to be in the $40k to $50k area. (Source: PANews)

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