Bitcoin Unrealized Losses Reach 6.96 Million BTC, Highest Since January 2024

Bitcoin holds near $90,000 as over 6.96 million BTC now carry unrealized losses—the highest level since January 2024, data show. The spike reflects supply accumulated near prior all-time highs. Short-term holders face mounting pressure as BTC tests the 200-day moving average, a critical support level during bull market corrections.