BlockBeats News, May 20th, on-chain analyst Darkfost posted that the current Bitcoin Long-Term Holder (LTH) Unrealized Loss has reached 5.7 million coins, comparable to the bear market peaks of 5.96 million in 2015, 5.8 million in 2019, and 6.8 million in 2022.

Nevertheless, despite this, the current BTC price has dropped by about 52% from its all-time high, much lower than previous bear market corrections, indicating that the losses are mainly concentrated in the younger LTH cohort, possibly due to significant activity in the $80,000-$125,000 range.