Glassnode reports Bitcoin native sellers capitulated yesterday with loss selling bursts at local bottoms in August and September, noting slowed profit taking and potential floor formation just above $80k.

Bitcoin capitulation hits 2022 depths at $64881.63 as EMA50 holds support and MACD golden cross signals continuation.

According to @cas_abbe, Bitcoin’s realized loss hit $4B yesterday, the highest since the FTX crash, indicating pronounced capitulation pressure that traders often track for bottoming signals (source: @cas_abbe). Short-term holders sold over 60,000 BTC in a single day, highlighting heavy STH distribution typically seen near local troughs from a trading perspective (source: @cas_abbe). The author adds FUD is intensifying around DATs delisting narratives, quantum risk fears, and a hawkish Fed stance, noting that similar FUD extremes in August 2024 and April 2025 preceded market reversals (source: @cas_abbe). Traders can monitor realized loss spikes and STH net distribution extremes as potential bottom indicators while acknowledging that the author expects current prices may later be seen as an obvious bottom (source: @cas_abbe).