"Gran parte de la venta proviene de tenedores a corto plazo que compraron Bitcoin en el último año o menos. Bitcoin acaba de registrar la mayor capitulación de tenedores a corto plazo en toda su historia. La relación de pérdidas realizadas para los tenedores a corto plazo acaba de alcanzar un nuevo mínimo histórico. Peor que COVID, peor que mayo de 2021, peor que FTX, más profundo que los mínimos arancelarios." "Much of the selling is from short-term holders who bought Bitcoin in the last year or less. Bitcoin just printed the biggest short-term holder capitulation in its entire history. The realized loss ratio for short-term holders just hit a new all-time low. Worse than COVID, worse than May 2021, worse than FTX, deeper than tariff lows."

… In a few years, we'll look back and laugh at all this. It's the same as the bottom in 2018, 2020, 2022. Just like those periods, this time won't be different. And yet, despite the bull case, we are still seeing some huge whales selling a huge capitulation of selling this week in crypto. So, who are the whales selling? We have data on this. Much of the selling is from short-term holders who bought Bitcoin in the last year or less. Bitcoin just printed the biggest short-term holder capitulation in its entire history. The realized loss ratio for short-term holders just hit a new all-time low. Worse than COVID, worse than May 2021, worse than FTX, deeper than tariff lows. I wish more people would subscribe to Altcoin Daily so they can truly understand the bull case for crypto and make their own decisions. Subscribe to Altcoin Daily. We are the largest crypto community in the world. Just in, Michael Saylor's strategy is now sitting on 12.58 billion in unrealized loss on its Bitcoin position. Let's talk about the Mic …