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 · 2026-04-05T11:57:03+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 11:57:03

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ME News message, April 4 (UTC+8), according to glassnode on-chain data, in 2026 Q1 the “sharks” holding between 100 and 1,000 BTC and the “giant whales” holding between 1,000 and 10,000 BTC each recorded daily realized losses of approximately $188.5 million and $147.5 million, respectively, totaling approximately $337 million. Year-to-date cumulative locked-in losses are as high as $30.9 billion, approaching the level of the 2022 bear market. Analysts point out that the current selling pressure is coming from rising macro risks (inflation expectations, AI trading overcrowding, etc.) and weakening market confidence, with large holders accelerating stop-loss actions and exiting. At the same time, the daily realized losses for long-term holders (LTH) are still maintained at around the $200 million level, indicating that there has not yet been a clear “selling-pressure exhaustion.” Institutions believe that under multiple pressures, Bitcoin still has further downside risk. Some views expect that the potential bottom range may be between $40k and $50k. (Source: PANews)

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