律动BlockBeats
律动BlockBeats|Jul 26, 2026 01:08
[Renowned Trader: Bitcoin Long-Term Holder Loss Supply Exceeds 'FTX Collapse' Period] BlockBeats News, July 26 — Renowned trader Killa posted that during the last Bitcoin bull market, approximately 80% of the cycle's peak indicators were never triggered. Similarly, future bottom indicators may also exhibit similar behavior, meaning historical signals cannot be mechanically relied upon to determine the market bottom. Killa pointed out that the supply held by long-term holders currently in a loss has exceeded the levels seen during the FTX collapse and is approaching the levels of the 2018 bear market. Bitcoin's realized price is currently around $50,000, and in past cycles, the price has always tested the realized price of long-term holders. Therefore, there is still a possibility of returning to this range. However, Killa emphasized that Bitcoin should not be assumed to necessarily fall back to this level. Many peak indicators in the last cycle failed to trigger, and some bottom indicators may also fail in the future. Regardless, the current market loss levels are already comparable to those during the FTX incident and the 2018 bear market. [Original Link]
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