Bitcoin Investor Losses Reach Historically High Levels

Recent volatile movements in the cryptocurrency market have once again drawn investors' attention to Bitcoin. The sharp sell-offs in Bitcoin indicate that new investors are facing significant losses.

According to CryptoQuant data, on November 14, addresses belonging to new or retail investors sold a total of approximately 148,241 Bitcoins. These transactions were made at an average price of $96,853, while the cost for existing investors ranged between $102,000 and $107,000. This situation is a sign that inexperienced investors have resorted to panic selling after the $100,000 psychological level was breached.

It is noteworthy that a large portion of these addresses had made purchases at peak levels. At the first significant decline, these investors opted to close their positions. The exit of weak hands by selling could pave the way for a more solid foundation in the long term. This is because selling such a large amount of 148,000 Bitcoins at a loss could allow strong investors to gain more control over the market.

CryptoQuant analysts state that after such events, the Bitcoins held by weak investors transitioning to stronger, long-term focused investors could create a more stable price base in the market. Historical data indicates that, after intense selling, there is a tendency for the market to experience a stable period.

As a result, critical levels for investors to monitor are $100,000 and above, while the observed fluctuations in the market may create new buying opportunities. It is crucial for investors to pay attention to the recovery process that will follow these declines.