Bitcoin's $2.3B seven-day realized losses rank among top capitulations since 2021

An analyst said Bitcoin's seven-day average realized net losses reached $2.3 billion, framing the sell-off as one of the largest capitulation episodes since 2021. The asset briefly moved above $70,000 on Tuesday and later hovered near $66,600 after rebounding from a Feb. 6 low around $60,000, with a $55,000 realized price highlighted.