{"id":101606,"date":"2026-06-11T17:48:04","date_gmt":"2026-06-11T17:48:04","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=101606"},"modified":"2026-06-11T17:48:04","modified_gmt":"2026-06-11T17:48:04","slug":"95-of-short-term-bitcoin-holders-are-underwater-and-the-worst-may-not-be-over-yet","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=101606","title":{"rendered":"95% Of Short-Term Bitcoin Holders Are Underwater\u2014And The Worst May Not Be Over Yet"},"content":{"rendered":"<div>\n<p>Glassnode\u2019s weekly on-chain report shows over 95% of short-term <strong>Bitcoin<\/strong> <a class=\"ticker-link\" data-ticker=\"BTC\" data-exchange=\"CRYPTO\" href=\"https:\/\/www.benzinga.com\/quote\/BTC-USD\" target=\"_blank\" rel=\"noopener\">(CRYPTO: <\/a><a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/btc\/usd\">BTC<\/a>) holders are underwater, with May buyers down 17% to 19% and no meaningful demand response yet from institutions or corporate treasuries.<\/p>\n<h3 class=\"wp-block-heading\">Recent Buyers Are Deeply Underwater With No Meaningful Bounce Yet<\/h3>\n<p>Glassnode\u2019s Short-Term Holder MVRV, which <a href=\"https:\/\/research.glassnode.com\/the-week-onchain-week-23-2026\/\">tracks<\/a> how much recent buyers are up or down on average, printed 0.81 at its low before recovering slightly to 0.83.\u00a0<\/p>\n<p>The $78,000 to $82,000 accumulation cluster built during May is now broadly in loss. Meanwhile, only 3.3% of short-term holder supply is currently in profit against a four-year average of 55%, meaning more than 95% of recent buyers are underwater.<\/p>\n<p>The selling pressure is building but has not hit the extreme that historically marks a true bottom.\u00a0<\/p>\n<p>The loss realization indicator sits at -1.86, just one small step away from the -2 level &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/crypto\/cryptocurrency\/26\/06\/53150339\/95-of-short-term-bitcoin-holders-are-underwater-and-the-worst-may-not-be-over-yet?utm_source=benzinga_taxonomy&amp;utm_medium=rss_feed_free&amp;utm_content=taxonomy_rss&amp;utm_campaign=channel\" alt=\"95%\" of short-term bitcoin holders are underwater the worst may not be over yet>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Glassnode\u2019s weekly on-chain report shows over 95% of short-term Bitcoin (CRYPTO: BTC) holders are underwater, with May buyers down 17% to 19% and no meaningful demand response yet from institutions or corporate treasuries. Recent Buyers Are Deeply Underwater With No Meaningful Bounce Yet Glassnode\u2019s Short-Term Holder MVRV, which tracks how much recent buyers are up [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-101606","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/101606","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=101606"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/101606\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=101606"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=101606"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=101606"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}