Bitcoin Investor Losses Reached Historic Levels

In recent days, the volatile movements in the cryptocurrency market have drawn investors' attention back to Bitcoin. The sharp sell-offs in Bitcoin have revealed that new investors are facing significant losses.

According to CryptoQuant data, on November 14, addresses belonging to the group of new or retail investors conducted a total sale of approximately 148,241 Bitcoin. These transactions were made at an average price of $96,853, while the existing investors' cost ranged between $102,000 and $107,000. This situation indicates that inexperienced investors have panicked and sold off after the psychological level of $100,000 was broken.

It is noteworthy that a large portion of these addresses likely made purchases at peak levels. During the first significant decline, these investors may have opted to close their positions. The departure of weak hands from the market through selling could effectively contribute to establishing a stronger long-term foundation. Because selling such a large amount as 148,000 Bitcoin at a loss may allow stronger investors to gain more dominance in the market.

CryptoQuant analysts suggest that after such events, the Bitcoin held by weak investors may transition to more robust and long-term focused investors, potentially creating a more stable price foundation in the market. Historical data indicates that intense sell-offs are often followed by a tendency for a stable period in the market.

In conclusion, the critical levels that investors should monitor are $100,000 and above, while these types of fluctuations in the market could present new buying opportunities. It is crucial for investors to pay attention to the recovery process that will follow these declines.