Bitcoin Loses Holders 78% Faster Than in 2024: Is That Bullish?

2 hours ago 3

Rommie Analytics

Key Takeaways
  • Bitcoin at $79,818; MA 200 at $79,276 holding as the only dynamic support below price.
  • 245K wallets exited in 5 days – fastest holder decline since June 2024.
  • Short liquidations May 4-6: $535.17M total across three sessions.
  • Open Interest: rose from $26.50B to $29.09B, then cleaned back to $26.62B.
  • Estimated Leverage Ratio: peaked at 0.2629, dropped to 0.2429.
  • Spot Taker CVD stayed green: pullback driven by leverage exit, not spot selling.
  • Realized P/L Ratio (7DMA) returned to 2.9.

What the Four Signals Look Like Together

Four signals arrived in the same week: shorts swept, leverage flushed, realized profits positive for the first time since January, and 245K weak hands gone. When those four conditions coincide, Bitcoin has historically not stayed at current prices for long. Each signal individually is constructive. All four in the same seven-day window is ...

Read Entire Article