{"id":68391,"date":"2026-04-06T09:02:51","date_gmt":"2026-04-06T02:02:51","guid":{"rendered":"https:\/\/hbbgroup.net\/rich-bitcoin-traders-lost-337m-daily-in-first-quarter-of-2026\/"},"modified":"2026-04-06T09:02:51","modified_gmt":"2026-04-06T02:02:51","slug":"rich-bitcoin-traders-lost-337m-daily-in-first-quarter-of-2026","status":"publish","type":"post","link":"https:\/\/hbbgroup.net\/zh\/rich-bitcoin-traders-lost-337m-daily-in-first-quarter-of-2026\/","title":{"rendered":"Rich Bitcoin traders lost $337M daily in first quarter of 2026"},"content":{"rendered":"<div data-testid=\"html-renderer-container\">\n<p>Bitcoin (<a title=\"https:\/\/cointelegraph.com\/bitcoin-price\" href=\"https:\/\/cointelegraph.com\/bitcoin-price\" target=\"_self\" rel>BTC<\/a>) traders holding 100\u201310,000 BTC realized losses at an average of $337 million per day in Q1 2026, the worst quarter since 2022, according to data from Glassnode.<\/p>\n<p><strong>Key takeaways:<\/strong><\/p>\n<ul>\n<li>\n<p>Bitcoin dropped more than 20% after whales last realized losses at a comparable pace in 2022.<\/p>\n<\/li>\n<li>\n<p>Long-term holders are also selling at a loss, indicating capitulation and potentially more downside in price.<\/p>\n<\/li>\n<\/ul>\n<h2>BTC whales, sharks realized $30.91 billion loss in 2026<\/h2>\n<p>Realized Loss tracks the total dollar value of losses locked in when BTC is sold on-chain below its purchase price. In 2026, two significant wallet cohorts show signs of capitulation.<\/p>\n<p>They are addresses holding 100\u20131,000 BTC, or \u201csharks\u201d that often represent mid-sized funds or wealthy investors, and those holding 1,000\u201310,000 BTC, which are considered whale-sized entities.<\/p>\n<p>In Q1, Bitcoin\u2019s sharks (yellow) realized losses at an average of $188.5 million per day, while whales (orange) comprised another $147.5 million daily.<\/p>\n<figure><img decoding=\"async\" src=\"https:\/\/s3.cointelegraph.com\/uploads\/2026-04\/019d5353-ad88-715b-95a8-5dcc4e9359d3.png\"><figcaption><em>BTC realized loss by wallet size. Source: Glassnode<\/em><\/figcaption><\/figure>\n<p>Combined, these large entities have locked in roughly $30.91 billion in realized losses so far in 2026.<\/p>\n<p>Bitcoin\u2019s realized losses in Q1 2026 for these high-net-worth entities rank among the most severe on record, trailing only Q2 2022\u2019s roughly $396 million daily average.<\/p>\n<figure><img decoding=\"async\" src=\"https:\/\/s3.cointelegraph.com\/uploads\/2026-04\/019d535c-110a-7a16-853d-10108f28c64f.png\"><figcaption><em>BTC realized loss by wallet size (2022). Source: Glassnode<\/em><\/figcaption><\/figure>\n<p>In Q2 2022, BTC\u2019s price dropped by over 50% and another 20% by the year\u2019s end. It kept falling as the <a title=\"https:\/\/cointelegraph.com\/news\/crypto-biz-crypto-carnage-pushes-celsius-three-arrows-capital-closer-to-insolvency-june-9-16\" href=\"https:\/\/cointelegraph.com\/news\/crypto-biz-crypto-carnage-pushes-celsius-three-arrows-capital-closer-to-insolvency-june-9-16\" target=\"_self\" rel>Terra collapse<\/a>, Celsius freeze, and <a title=\"https:\/\/cointelegraph.com\/news\/su-zhu-s-cryptic-statement-as-rumors-swirl-of-3ac-liquidation-and-insolvency\" href=\"https:\/\/cointelegraph.com\/news\/su-zhu-s-cryptic-statement-as-rumors-swirl-of-3ac-liquidation-and-insolvency\" target=\"_self\" rel>Three Arrows failure<\/a> triggered panic across crypto, draining liquidity and confidence.<\/p>\n<figure><img decoding=\"async\" src=\"https:\/\/s3.cointelegraph.com\/uploads\/2026-04\/019d5376-842d-7fff-b2a0-d3f5cc6ecc28.png\"><figcaption><em>BTC\/USD three-month performance chart. Source: <\/em><a title=\"https:\/\/www.tradingview.com\/symbols\/BTCUSD\/\" href=\"https:\/\/www.tradingview.com\/symbols\/BTCUSD\/\" target=\"_blank\" rel=\"nofollow noopener\"><em>TradingView<\/em><\/a><\/figcaption><\/figure>\n<p>In 2026, pressure on Bitcoin has come from different sources, including <a title=\"https:\/\/cointelegraph.com\/news\/crypto-funds-first-outflows-5-weeks-414m-inflation-middle-east\" href=\"https:\/\/cointelegraph.com\/news\/crypto-funds-first-outflows-5-weeks-414m-inflation-middle-east\" target=\"_self\" rel>Iran war-driven inflation fears<\/a>, <a title=\"https:\/\/cointelegraph.com\/markets\/is-450-billion-dollars-bitcoin-vulnerable-to-quantum-threat\" href=\"https:\/\/cointelegraph.com\/markets\/is-450-billion-dollars-bitcoin-vulnerable-to-quantum-threat\" target=\"_self\" rel>quantum-security risk<\/a>, and <a title=\"https:\/\/cointelegraph.com\/features\/bitcoin-risks-50percent-drop-btc-positive-correlation-us-stocks-grows\" href=\"https:\/\/cointelegraph.com\/features\/bitcoin-risks-50percent-drop-btc-positive-correlation-us-stocks-grows\" target=\"_self\" rel>broader stress in the AI-led risk trade<\/a>.<\/p>\n<p><em><strong>Related: <\/strong><\/em><a title=\"https:\/\/cointelegraph.com\/news\/bitcoin-supply-profit-loss-at-true-bear-market-levels-analyst\" href=\"https:\/\/cointelegraph.com\/news\/bitcoin-supply-profit-loss-at-true-bear-market-levels-analyst\" target=\"_self\" rel><em><strong>Bitcoin supply in profit heads to \u2018true bear market\u2019 levels<\/strong><\/em><\/a><\/p>\n<p>Therefore, whales and sharks are cutting their losses now because they expect the Bitcoin price to drop further as macro risks mount. This sentiment raises the odds of a <a title=\"https:\/\/cointelegraph.com\/features\/was-74k-a-bull-trap-bitcoin-traders-diverge-on-2022-crash-repeating\" href=\"https:\/\/cointelegraph.com\/features\/was-74k-a-bull-trap-bitcoin-traders-diverge-on-2022-crash-repeating\" target=\"_self\" rel>2022-like bear market<\/a>, with a bottom in Q4 2026.<\/p>\n<h2>Bitcoin\u2019s long-term holders add to downside risks<\/h2>\n<p>Another sign that Bitcoin\u2019s sell-off may not be over comes from Glassnode\u2019s Long-Term Holder Realized Loss chart, which tracks losses locked in by investors who held coins for more than six months before selling.<\/p>\n<p>That figure remains elevated at around $200 million per day on a 30-day average basis since November 2025.<\/p>\n<figure><img decoding=\"async\" src=\"https:\/\/s3.cointelegraph.com\/uploads\/2026-04\/019d538a-45f1-745f-9883-3f454a6cf211.png\"><figcaption><em>BTC realized loss by LTH\/STH (30-day MA). Source: Glassnode<\/em><\/figcaption><\/figure>\n<p>\u201cA meaningful cooldown toward levels below $25M per day would represent a more compelling signal of exhaustion in selling pressure,\u201d Glassnode analysts <a title=\"https:\/\/insights.glassnode.com\/the-week-onchain-week-13-2026\/\" href=\"https:\/\/insights.glassnode.com\/the-week-onchain-week-13-2026\/\" target=\"_blank\" rel=\"nofollow noopener\">said<\/a> in their weekly report published on Wednesday, adding:<\/p>\n<blockquote><p>\u201cA prerequisite for the base formation that historically precedes a sustainable bull market transition.\u201d<\/p><\/blockquote>\n<p>Together, these headwinds have already fueled calls for a deeper BTC correction, with some analysts <a title=\"https:\/\/cointelegraph.com\/markets\/bitcoin-price-predictions-40k-final-bottom-for-btc\" href=\"https:\/\/cointelegraph.com\/markets\/bitcoin-price-predictions-40k-final-bottom-for-btc\" target=\"_self\" rel>pointing to the $40,000\u2013$50,000 range<\/a> as a possible bottom.<\/p>\n<p><template data-type=\"markets_outlook\" data-name=\"subscription_form\" data-label=\"Subscription Form: Markets Outlook\"><\/template><\/div>\n<p data-testid=\"post-category-disclaimer\"><span>This article is produced in accordance with Cointelegraph&#8217;s Editorial Policy and is intended for informational purposes only. It does not constitute investment advice or recommendations. All investments and trades carry risk; readers are encouraged to conduct independent research before making any decisions. Cointelegraph makes no guarantees regarding the accuracy or completeness of the information presented, including forward-looking statements, and will not be liable for any loss or damage arising from reliance on this content.<\/span><\/p>","protected":false},"excerpt":{"rendered":"<p>Bitcoin (BTC) traders holding 100\u201310,000 BTC realized losses at an average of $337 million per day in Q1 2026, the [&hellip;]<\/p>","protected":false},"author":5,"featured_media":68393,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[220],"tags":[],"class_list":["post-68391","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-tien-dien-tu"],"acf":[],"_links":{"self":[{"href":"https:\/\/hbbgroup.net\/zh\/wp-json\/wp\/v2\/posts\/68391","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hbbgroup.net\/zh\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hbbgroup.net\/zh\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hbbgroup.net\/zh\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/hbbgroup.net\/zh\/wp-json\/wp\/v2\/comments?post=68391"}],"version-history":[{"count":0,"href":"https:\/\/hbbgroup.net\/zh\/wp-json\/wp\/v2\/posts\/68391\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/hbbgroup.net\/zh\/wp-json\/wp\/v2\/media\/68393"}],"wp:attachment":[{"href":"https:\/\/hbbgroup.net\/zh\/wp-json\/wp\/v2\/media?parent=68391"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hbbgroup.net\/zh\/wp-json\/wp\/v2\/categories?post=68391"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hbbgroup.net\/zh\/wp-json\/wp\/v2\/tags?post=68391"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}