glassnode: The belief of long-term Bitcoin holders in holding their coins is much stronger than during historical bear markets, with unrealized losses peaking at only 15%

Glassnode data shows that Bitcoin long-term holders (LTH) experienced an unrealized loss of 15% at the beginning of April, while in previous deep bear markets, this indicator exceeded 75%. This indicates that despite the recent significant pullback in Bitcoin, the pressure faced by long-term holders is only a small fraction of historical cycle lows, and their belief in holding has not been tested to the same extent.