Glassnode: BTC Realized Losses Spike to $1.3B Daily

Glassnode reports aggregated realized losses spiking to $1.3B/day as BTC price contracted to $62k, with long-term holders accounting for $770M or 59% of the total amid cycle-top capitulation.

Bitcoin long-term holder realized losses align with historical cycles where distribution phases accelerate after peaks, while Glassnode realized loss metric methodology highlights the shift from HODL to exit at a loss. On the 4h chart, price at $64120.01 sits in a bearish trend below EMA50 at $70361.39 and EMA200 at $74993.3 with MACD at -2416.31 confirming the death cross; RSI at 29.07 marks oversold territory inside the Bollinger Bands, positioning lower support at $61410.22 against upper resistance at $73496.06 for a potential short-term relief move before continuation lower.