According to @glassnode, the recent Bitcoin sell-off was heavily influenced by those who had purchased BTC within the last week. Specifically, the 1-day to 1-week cohort experienced a loss of $927 million, accounting for 42.85% of total young cohort losses. Meanwhile, the 1-week to 1-month cohort lost $678 million (31.3%), the 1-month to 3-month cohort lost $257 million (11.9%), and the 24-hour cohort saw $322 million in losses (14.0%). This data suggests that the most significant capitulations came from recent buyers, impacting short-term trading strategies.