2026-08-05
Bitcoin’s price-metric basket has entered its longest period of capitulation since the FTX exchange collapse, according to data analysts tracking on-chain and market.
Bitcoin’s price-metric basket has entered its longest period of capitulation since the FTX exchange collapse, according to data analysts tracking on-chain and market.
Bitcoin has not yet entered a full-blown capitulation phase — the intense selloff often tied to investor panic that has historically preceded major.
The selling pressure on XRP has intensified significantly, with on-chain data from Glassnode revealing that the 90-day moving average profit/loss ratio has dropped.
The percentage of Bitcoin supply in profit has fallen to approximately 45%, a threshold that has historically coincided with periods of heightened market.
A key on-chain metric tracking Bitcoin short-term holder behavior has plunged to its lowest level on record, signaling what one analyst describes as.