Bitcoin Holders: When ‘HODL’ Turns to ‘OH GOD’

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Well, butter my biscuit and call me a crypto skeptic, but it seems the Bitcoin rollercoaster has taken a nosedive into the Valley of Tears. According to CryptoQuant’s very own ‘Darkfost’-a name that sounds like a villain from a low-budget sci-fi flick-short-term Bitcoin holders are currently experiencing what can only be described as a financial colonoscopy without the benefit of sedation.

Imagine this: you bought Bitcoin at a cool $94,200, thinking you were the next Warren Buffett of the digital age. Fast forward to today, and it’s sitting at around $67,000. That’s a 28% gap, or as I like to call it, the financial equivalent of realizing your “get rich quick” scheme was actually a “get poor slowly” plan. Darkfost puts it bluntly: So we can roughly estimate an average unrealized loss of about 28% for STHs, if we simplify things. Simplify? I’d say it’s about as simple as explaining quantum physics to a goldfish.

Bear Market Blues: When ‘Correction’ Becomes a Four-Letter Word

Bitcoin’s price has been trading below the short-term holder cost basis for four months now, which Darkfost notes is their longest period of stress so far. Stress? I’d call it a full-blown existential crisis. This isn’t just a correction; it’s a bear market in a bad mood, and it’s been lingering like an uninvited guest who won’t leave the party.

CryptoQuant chimes in, pointing out the lack of fresh capital-because who in their right mind is throwing money at this right now? New investor inflows have gone negative, which is just a fancy way of saying people are running for the hills. As one analyst puts it, In bull markets, drawdowns attract accelerating capital. In early bear markets, weakness triggers withdrawal. Translation: When the going gets tough, the tough get going… to safer investments.

‘Daan Trades Crypto’-a name that sounds like it was generated by a random name generator-notes that Bitcoin broke through the .382 Fibonacci retracement level. Now, it’s eyeing the .618 level, which is currently around $57,800. Because nothing says “financial stability” like relying on a mathematical sequence discovered in the 13th century to predict your investment’s future.

But fear not, for Bitfinex analysts offer a glimmer of hope. They observe that long-term Bitcoin holder supply is on the rise, suggesting this could be a mid-cycle reset, not a final top. So, it’s not the end of the world-just the end of your retirement plans, maybe.

Bitcoin Plummets to $66,000: Holders Reach for the Antacid

As if things couldn’t get worse, Bitcoin took another dive to just under $66,000 on Wednesday. By Thursday morning in Asia, it was trading at $67,200, but let’s be honest: the only direction it seems to know is down. Ether, meanwhile, couldn’t even hold onto the $2,000 level, crashing back to $1,950. It’s like watching a slow-motion car crash, except the car is your savings account.

So, what’s the takeaway here? If you’re a short-term Bitcoin holder, you’re probably questioning every life decision that led you to this moment. If you’re a long-term holder, you’re either a zen master or in deep denial. And if you’re just an observer, well, grab some popcorn and enjoy the show. Because in the world of crypto, the only thing certain is uncertainty-and the occasional heart attack.

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2026-02-12 09:50