Bitcoin Short-Term Holders Carry $452 Million in Unrealized Losses

Bitcoin (BTC) holders associated with coins moved in the past one to three months have an estimated $452 million in unrealized losses, marking the cohort’s first pronounced pressure since the bear market ended.

The figure tracks profitability for that group. Unrealized losses mean the holders’ estimated cost basis is above the current value of their holdings.

The measure can help assess market trends and potential price movements, but has limited usefulness during bear markets.