PANews, June 7: Analyst Darkfost posted on X that since the market peak in October last year, Bitcoin holders have accumulated realized losses of approximately $174 billion. Compared with historical data, realized losses during the 2014 bear market totaled $2.4 billion, rising to $60 billion in 2019; as Bitcoin’s market capitalization expanded, bear market losses have increased year over year. Data shows that the previous bear market saw cumulative losses of $211 billion, a level not yet surpassed in the current cycle. The analysis suggests there is still potential for further market clearing; if the current bear market persists for several months, cumulative losses could exceed the prior cycle’s peak.
Bitcoin's cumulative losses rise to $174B, analysts say the market has further clearing potential.
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Summary
Bitcoin news reports that cumulative losses for Bitcoin holders have reached $174 billion since the October 2023 peak, according to analyst Darkfost. Historical data shows $2.4 billion in losses in 2014 and $60 billion in 2019. The 2018–2019 bear market saw $211 billion in losses. Bitcoin analysis suggests the market still has clearing potential; if the bear market continues, current losses could exceed the peak of the previous cycle.
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