Bitcoin Short-Term Holders Realize Heavy Losses as Price Tests $90K Support

Bitcoin short-term holders are selling at significant losses as the STH-SOPR metric drops to 0.97, remaining below 1.0 for several consecutive weeks, data show. This sustained capitulation pattern typically signals fear-driven selling and has historically aligned with major market turning points. Recent exchange flows show 65,200 BTC transferred at a loss, reflecting panic behavior as nearly all recent buyers hold unrealized losses.