Bitcoin Enters a Loss-Dominant Phase: Wildean Shockwave

According to the oracle of on-chain gossip, Axel Adler Jr., short-term holders continue to wear their sour expressions. Since October 13, 2025, they have repeatedly sold Bitcoin at a loss. The weekly average SOPR remains comfortably below the neutral 1.0, a polite way of saying a large portion of recent transactions are being realized at negative margins. 😬


