Large BTC Holders Post $80M Realized Losses During Recent Decline
Wallets holding 1,000–10,000 BTC recorded realized losses of only $80 million (7-day simple moving average) during the recent pullback, significantly below levels seen in August 2024 and March 2025 corrections, on-chain analyst Murphy said on Nov. 16. Super whales controlling 10,000–100,000 BTC posted approximately $40 million in realized losses (7D-SMA), also substantially lower than previous decline periods. On-chain data show BTC remains within the $92,000–$117,000 accumulation zone, with holdings at $112,000 decreasing by 11,000 BTC from the prior week, while the $100,000 level saw 102,000 BTC exit. The current $96,000 price level absorbed 160,000 BTC, primarily from selling pressure around $100,000, suggesting core long positions remain firmly held.