bitcoin has 95% of coins bought in the last 155 days underwater at $91,484. most extreme short-term holder capitulation ever recorded. march 2020 hit 92% underwater at $3,800 before running to $69k. november 2022 hit 94% at $15,500 before $108k. whales added 2.2% more addresses in 4 weeks into this panic. microstrategy bought 8,178 btc at $102k last week. the pain threshold that marks bottoms just printed.
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