Glassnode: Bitcoin Drops Near $60,000 as Market Enters Deeper Capitulation Phase
Source：
research.glassnode.com
Glassnode stated in its latest weekly report that after Bitcoin fell close to $60,000, short-term holders’ unrealized losses deepened—over 95% of short-term holders are now in unrealized loss territory—and realized losses are accelerating, signaling the market is entering a further capitulation phase. The report noted that U.S. institutional demand has clearly weakened, the Coinbase premium remains persistently in discount territory, and corporate treasury buying has significantly slowed since June.
