\u201cShort-term holders keep suffering as this correction drags on,\u201d said CryptoQuant analyst \u2018Darkfost\u2019 on Wednesday.<\/p>\n
The short-term holder cost basis is around $94,200, and with BTC back at around $67,000, the price gap has now reached 28%, they said.<\/p>\n
\u201cSo we can roughly estimate an average unrealized loss of about 28% for STHs, if we simplify things.\u201d<\/p>\n
The analyst noted that Bitcoin\u2019s price has been trading below the STH cost basis for four months, \u201cmarking their longest period of stress so far.\u201d<\/p>\n
They added that it was unusual for this cycle and \u201csuggests that the current correction is increasingly resembling a bear market.\u201d During the two previous bear markets, this situation lasted for a little over a year, the analyst cautioned.<\/p>\n
Short term holders keep suffering as this correction drags on.<\/p>\n
With an STH cost basis of around $94,200 and BTC at $68,000, the price gap has now reached 28%.<\/p>\n
So we can roughly estimate an average unrealized loss of about 28% for STHs, if we simplify things.<\/p>\n
But that is not\u2026 pic.twitter.com\/MnLcbAgHCx<\/a><\/p>\n \u2014 Darkfost (@Darkfost_Coc) February 11, 2026<\/a><\/p>\n\n A \u201clack of fresh capital\u201d is reinforcing bear conditions, confirmed<\/a> CryptoQuant on Wednesday, with analysts stating that new investor inflows have flipped negative.<\/p>\n \u201cThe sell-off is not being absorbed by fresh capital. In bull markets, drawdowns attract accelerating capital. In early bear markets, weakness triggers withdrawal.\u201d<\/p>\n Analyst \u2018Daan Trades Crypto\u2019 said that after holding the .382 Fibonacci retracement temporarily, the price eventually fell through and broke the pattern it had held this cycle.<\/p>\n \u201cThe .618 Fibonacci retracement level has historically always been another important one to watch during larger drawdowns,\u201d he added. This level is currently around $57,800 and could be the next support zone.<\/p>\n Bitfinex analysts were a little more positive, observing that Bitcoin long-term holder supply has turned up after months of distribution, and is now back near 14.3 million BTC.<\/p>\n \u201cIf this buildup continues, it supports the view that this is a mid-cycle reset, not a final top,\u201d they said.<\/p>\n Bitcoin long term holder supply has turned up after months of distribution, now back near 14.3M BTC.<\/p>\n In past cycles fresh highs in LTH supply led $BTC<\/a> by roughly 3\u20134 months.<\/p>\n If this build up continues, it supports the view that this is a mid cycle reset, not a final top. pic.twitter.com\/EJ0Q87vp7d<\/a><\/p>\n \u2014 Bitfinex (@bitfinex) February 11, 2026<\/a><\/p>\n\n Short term holder loses are even worse with Bitcoin\u2019s collapse<\/a> back to just under $66,000 in late trading on Wednesday.\u00a0The asset was trading at $67,200 on Thursday morning in Asia, but the path of least resistance remains down.<\/p>\n Ether failed to hold above the psychological $2,000 level and crashed back to $1,950 on Wednesday, failing to reclaim it at the time of writing. ETH is now trading at March 2025 lows, but it has yet to dip as low as the April 2025 crash.<\/p>\n The post Short-Term Bitcoin Holders in Pain as Bear Market Deepens<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":" \u201cShort-term holders keep suffering as this correction drags on,\u201d said CryptoQuant analyst \u2018Darkfost\u2019 on Wednesday. The short-term holder cost basis is around $94,200, and with BTC back at around $67,000, the price gap has now reached 28%, they said. \u201cSo we can roughly estimate an average unrealized loss of about 28% for STHs, if we […]<\/p>\n","protected":false},"author":0,"featured_media":134591,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-134590","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/134590"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=134590"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/134590\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/134591"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=134590"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=134590"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=134590"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}Bitcoin Falls to $66,000<\/h2>\n