Bitcoin losses exceed $ 600 billion: Will the events of 2022 be repeated?

The price of Bitcoin is currently bleeding, and although things seem to be neutral, many angles point to bearish sentiments. Bitcoin (BTC) is trading above $66,000 on Thursday, down nearly 6% on the week, while … On Chain data confirms There are $598.7 billion in unrealized losses across the board. And the downside may not be over yet, as Glassnode’s latest weekly report shows a level of consistency that no long-term investor wants to hear.

At the moment there are about 8.8 million Bitcoins lost, a direct result of the 47% price drop from its historical record to October 2025 of $126,000. Glassnode shows that it is available “Similar structure and conditions observed in the second quarter of 2022”This is the time before the fall starts again before the recovery begins.

Long-term investors (those holding funds for more than 155 days) are seeing actual daily losses of up to $200 million, confirming that a strong correction is underway. Meanwhile, Capriole Investments’ ‘Virtual Demand’ indicator is at -1,623 BTC, a level deep in deflationary territory, indicating that sellers are still in control.

The overall picture also increases the severity of the pressures; Bitcoin’s price is currently trading 24% below its 2026 annual opening price of $87,500, in line with the strength of the US dollar and continued volatility in the Coinbase Premium index. This may mean that institutional buyers in the US have not returned to a large scale.

Bitcoin Price Prediction: Is a recovery to $71,500 necessary to avoid a new low?

At $66,000, Bitcoin stands at a fragile technical level. The average price for ETF holders is $83,408 which is pretty impressive, the ceiling that any sustained rally would have to break to warrant a reversal.

Even Bitcoin ETFs in the United States are registered A total of $1.32 billion in March 2026thus interrupting the series of outflows of four months, but this entry into the institutions was not translated into a recovery of prices. It is an encouraging sign, but actual compliance is not enough.

The “whale” character adds another data point; Major shareholders have reduced their holdings by 188,000 BTC in the past year, which is consistent with the strength of the large distribution sector. Today, Nakamoto Inc sold about 384 bitcoins, which cost $20 million.

An unacceptable bearish level is simple: a close above $71,500 with a steady trading volume changes the whole story. Below the $64,000 level, the bearish trend will intensify.

Bitcoin Hyper Project Monitors Initial Merger as Bitcoin Tests Support for Structure

As Bitcoin bleeds 47% from its peak and accumulates $600 billion in unexpected losses, the conversation turns to the question: where is the next opportunity? Buying Bitcoin from the spot market at these levels continues to resist up to $83,000, which means a long uphill journey for buyers to break through.

Here’s a job Bitcoin Hyper ($HYPER) Which puts itself on the infrastructure where Bitcoin’s shortcomings are: slow transactions, high fees, and lack of regulation. This project aims to be the first phase 2 of Bitcoin with the integration of Solana Virtual Machine (SVM), with the aim of executing smart contracts faster than Solana itself, without giving up the security and trust of Bitcoin.

Its Decentralized Canonical Bridge facilitates the transfer of Bitcoin, while its second smaller platform addresses the challenges that have prevented Bitcoin from entering the mainstream financial sector (DeFi).

The pre-sale of the project has been collected 32 million So far at the current price of $0.0136and the grand prize of 36% per year For first time participants.

For those who want to explore more, More information on the Bitcoin Hyper pre-sale is available here.

This article is for informational purposes only and does not constitute financial advice. Investing in highly volatile digital currencies; So please do your research before investing.

A note Bitcoin losses exceed $ 600 billion: Will the events of 2022 be repeated? appeared for the first time Cryptonews Arabic.

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