Bitcoin (BTC) is facing a difficult time in the market, with concerns about losses and the possibility of trading from major holders.
However, it is not as hopeless as it seems.
Bitcoin underwater – A strong entry point?
About 80% to 90% of the invested capital is lost, which puts a large part of the participants in trouble. This is not the first time the market has reached such a level.
Similar conditions appeared in the previous rows, and each time, a recovery phase followed.


Big, unsustainable losses often come with high panic, when sentiment is weak but long-term profits start to change.
This doesn’t guarantee instant conversion, but it does Bitcoin in the accumulation zone that investors can see.
MARA Holdings increases the sensitivity of the sale
According to Arkham Intelligence, MARA Holdings (the fourth largest BTC fund) transferred 200 BTC for approximately $13.84 million. This is interesting because the receiving bag seems to be related to the sales activities!


The last time MARA sent Bitcoin to this wallet was about two months ago. It is not a guaranteed sale, but it has added to the frustration that is already building in the market.
At a time when a large part of Bitcoin capital has already started to disappear, such a move could increase the fear of short-term selling and pressure the price of BTC.
The price of Bitcoin is above the critical level
Despite the recent weakness, all hope is not lost Bitcoin though.
Others he is writing what is happening now is “suppression,” not total market reform. Although BTC is down almost 50% from its 2025 peak, the price is still holding above $68.6K, above its key long-term key.


At the time of writing, BTC is still above the Guaranteed Value ($54.1K), LTH Realized Value ($49.2K), and Investor Value ($49.5K). Therefore, the market capitalization still remains.


In fact, weakness was evident among buyers recently, with BTC still trading below STH Realized Price ($79.2K) and True Market Mean Price ($78.3K).
This means that even though STHs may be under pressure, a long-term support system has not yet begun.
Brief Summary
- The price of Bitcoin they entered a very important area, with 80-90% of the money lost during the printing process.
- Despite the trading panic, BTC remains above its long-term support.





