Bitcoin’s latest tumble has left traders nursing a brutal $2.16 billion in realized losses, with the pain hitting newest buyers the hardest. According to a fresh Glassnode analysis thread, the crypto crash kicked off February 25 when BTC dipped below $90,000 for the first time since November 2024, and the fallout stretched through February 27.
Glassnode’s dive into the data shows who got burned and how bad. The big losers? Folks who snapped up Bitcoin in the week before the drop—they’re out $927 million, a hefty 42.5% of the total losses. Next in line are the one-month buyers, down $678 million, or 31.3%. Meanwhile, the 24-hour impulse buyers took a $322 million hit (14%), and those who bought in the last three months shed $257 million (11.9%). “This suggests the H2 2024 crowd and earlier are mostly holding tight, while the newbies are bailing under pressure,” Glassnode noted.
📊 Who is realizing the most losses in #Bitcoin’s latest #cryptocrash?
Between Feb 25-27, over $2.16B in realized losses came from the most recent market entrants.
We break down the losses by age cohorts, contrast with prior peaks, and assess the market impact. 🧵👇 pic.twitter.com/xKGLR3r115
— glassnode (@glassnode) February 27, 2025
Longer-term holders, though? They’re sitting pretty by comparison. Traders who grabbed BTC three to six months back barely blinked, losing just $6.5 million (0.3%). And the real champs—those holding for a year or more—walked away with a tiny $3.2 million dent, a mere 0.15% of the total.
