February 23, 2026

Bitcoin short-term holder net realized losses moderate to -$0.48B/day

Bitcoin short-term holder net realized losses moderate to -$0.48B/day

The 7-day Exponential Moving Average (7D-EMA) of Bitcoin short-term holder net realized losses has moderated to -$0.48 billion per day after plummeting to -$1.24 billion per day on February 6, indicating ongoing market pressure, according to @glassnode. This moderation follows a sharp increase in losses, which suggests easing but persistent selling pressure among recent buyers, specifically those who have held Bitcoin for less than 155 days and are thus more susceptible to price fluctuations.

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