This $BTC whale is getting liquidated. It’s just a matter of when.
Here’s the thing about $BTC history that a lot of people forget. Not a single bear market has ever bottomed above the Realized Price or the Long-Term Holder Realized Price. Not one. Every cycle eventually dips below both before the next bull market actually starts.
Realized Price sitting at $52,926 right now. LTH Realized Price at $48,938.
That means even the long term holders, the ones who’ve been through multiple cycles and usually don’t flinch, tend to feel real pain before things turn around. It’s almost like the market needs to shake out even the strongest hands before it can reset properly.
If history holds here, we’re not done testing lower levels yet.
Here’s the thing about $BTC history that a lot of people forget. Not a single bear market has ever bottomed above the Realized Price or the Long-Term Holder Realized Price. Not one. Every cycle eventually dips below both before the next bull market actually starts.
Realized Price sitting at $52,926 right now. LTH Realized Price at $48,938.
That means even the long term holders, the ones who’ve been through multiple cycles and usually don’t flinch, tend to feel real pain before things turn around. It’s almost like the market needs to shake out even the strongest hands before it can reset properly.
If history holds here, we’re not done testing lower levels yet.